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reparing a Bond Amortization Table ( Straight Line ) On January 1 , 2 0 2 5 , Distel Company borrowed $ 2 6 ,

reparing a Bond Amortization Table (Straight Line)
On January 1,2025, Distel Company borrowed $26,400 by issuing 3- year, 8.5% bonds with a face amount of $25,000. Interest is paid annually on December 31.
Required:
Prepare an amortization table. If an amount box does not require an entry, leave it blank and if the answer is zero, enter "0". Round to the nearest dollar and if necessary, round final year to amortize full amount of premium.
Distel Company
Amortization Table
\table[[Period,\table[[Cash],[Payment],[(Credit)]],\table[[Interest],[Expense],[(Debit)]],\table[[Premium on],[Bonds Payable],[(Debit)]],\table[[Premium on],[Bonds Payable],[Balance]],\table[[Carrying],[Value]]],[At issue,,,,$,$
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