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Prepare an amortization table through December 31, 2019 (three interest periods) for this bond issue. (Round answers to O decimal places, e.g. 125.) FLOUNDER CORP.

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Prepare an amortization table through December 31, 2019 (three interest periods) for this bond issue. (Round answers to O decimal places, e.g. 125.) FLOUNDER CORP. Bond Discount Amortization Effective-Interest Method-Annual Interest Payments Interest Expense Bond to Be Discount Unamortized Carrying Recorded Amortization Discount Value $ e Textbook and Media List of Accounts Prepare the journal entry to record the accruat of interest and the amortization of the discount on December 31, 2017. (Round answers to decimal places, es 125. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec 31 e Textbook and Media List of Accounts Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2017 Round answers to decimal places. es. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Dec 31 Debit Credit e Textbook and Media List of Accounts Prepare the journal entry to record the payment of interest on January 1, 2018. (Round answers to decimal places, eg. 125 Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 1 eTextbook and Media List of Accounts Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2018. (Round answers to O decimal places, es. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Credit Dec 31 Debit Textbook and Media List of Accounts Current Attempt in Progress On Sanuary 1, 2017, Flounder Corporation issued $1,650,000 face value, 8%, 10-year bonds at $1,447.229. This price resulted in an effective interest rate of 10% on the bonds. Flounder uses the effective interest method to amortize bond premium or discount The bonds pay annual interest January 1

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