Question
Prepare a bond amortization schedule. (Round answers to 2 decimal places, e.g. 2,525.25.) Schedule of Interest Revenue and Bond Premium Amortization Effective-Interest Method Date Cash
Prepare a bond amortization schedule. (Round answers to 2 decimal places, e.g. 2,525.25.)
Schedule of Interest Revenue and Bond Premium Amortization Effective-Interest Method | |||||||||
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Date | Cash Received | Interest Revenue | Premium Amortized | Carrying Amount of Bonds | |||||
1/1/20 | $enter a dollar amount rounded to 2 decimal places | $enter a dollar amount rounded to 2 decimal places | $enter a dollar amount rounded to 2 decimal places | $enter a dollar amount rounded to 2 decimal places | |||||
1/1/21 | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | |||||
1/1/22 | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | |||||
1/1/23 | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | |||||
1/1/24 | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | |||||
1/1/25 | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places | enter a dollar amount rounded to 2 decimal places |
(b) Prepare a bond amortization schedule. (Round answers to 2 decimal places, e.g. 2,525.25.) Schedule of Interest Revenue and Bond Premium Amortization Effective-Interest Method Interest Premium Revenue Amortized Cash Received Carrying Am of Bond: Date 1/1/20 $ $ $ $ 37 1/1/21 42000 1/1/22 42000 1/1/23 42000 1/1/24 42000 1/1/25 42000 (b) Prepare a bond amortization schedule. (Round answers to 2 decimal places, e.g. 2,525.25.) Schedule of Interest Revenue and Bond Premium Amortization Effective-Interest Method Interest Premium Revenue Amortized Cash Received Carrying Am of Bond: Date 1/1/20 $ $ $ $ 37 1/1/21 42000 1/1/22 42000 1/1/23 42000 1/1/24 42000 1/1/25 42000
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