Question
Required information Exercise 9-9A Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below.] On
Required information
Exercise 9-9A Record bonds issued at a premium and related semiannual interest (LO9-5)
[The following information applies to the questions displayed below.]
On January 1, 2021, Splash City issues $410,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $450,576.
Exercise 9-9A Part 1
Required:
1. Complete the first three rows of an amortization table. (Round your final answers to the nearest whole dollar.)
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