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Required information [ The following information applies to the questions displayed below. ] On January 1 , Splash City issues $ 4 9 0 ,
Required information
The following information applies to the questions displayed below.
On January Splash City issues $ of bonds, due in years, with interest payable semiannually on June and December each year. T Bone Investment Company TBIC purchases all of the bonds in a private placement.
Assuming the market interest rate on the issue date is TBIC will purchase the bonds for $
Required:
Complete the first three rows of an amortization table for TBIC. Round your answers to the nearest whole number.
tableDateCash Received,Interest Revenue,tableAmortization ofPremiumAmortized Cost
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