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Premiere Aufoparts Inc. issued $170,000 of 6%,10 yoar bonds at a price of 84 on January 31,2020 . The market interest rate al the date
Premiere Aufoparts Inc. issued $170,000 of 6%,10 yoar bonds at a price of 84 on January 31,2020 . The market interest rate al the date of issuance was B%, and the standard bonds pay interest semi-annually 1. Prepare an effective-interest amortization table for the bonds thirough the first threo interest payments 2. Record Premiere's issuance of the bonds on January 31, 2020, and payment of the first semi annuat interest arnount and amorlization of the bonds on suly 31, 2020 . Explanations are not required 1. Prepare an effective-interest amortization table for the bonds through the first three interest payments. (Round your answers to the nearest whole dollar.) 2. Record Premiere's issuance of the bonds on January 31, 2020, and payment of the first semi annual interest amount and amortization of the bonds on July 31, 2020 (Record debits first, then credits. Explanations are not required.)
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