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Prepare a bond amortization schedule with the info provided for Xerox Company. Then prepare journal entries. 2.000.000 19% 2 yr bonds at 97 Xerox Company

Prepare a bond amortization schedule with the info provided for Xerox Company. Then prepare journal entries.

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2.000.000 19% 2 yr bonds at 97 Xerox Company issues nterest is payable on Jul 1st and Janua 1st, 2014. Straight e method is used for amorization. Face. Price, Ca Value Optional Work Area Periods Prepare the bond amortization schedule. Round o the nearest dollar L Un-Amortized Bond Carry Cash Interest Period Date Interest Expense Prem/Disc Payment DE Prepare journal entry for sale of the bonds January year. JE2: PI are journal ent to record bond interest pa nt on Ju 1st. JE3: Prepa re journal ent accrual of interest ex nse December 31st Redeem Bonds 101 on Jan 1st year #2 assuming Bond Interest payment has been made

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