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Required information [The following information applies to the questions displayed below.] On January 1, 2021, Splash City issues $410,000 of 9% bonds, due in 20
Required information [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 10%, the bonds will issue at $374.826. Required: 1. Complete the first three rows of an amortization table. (Round your intermediate and final answers to the nearest whole d Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 1/1/21 6/30/21 12/31/21 ! Required information [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 10%, the bonds will issue at $374,826. Required: 1. Complete the first three rows of an amortization table. (Round your intermediate and final answers to the nearest whole d es Cash Paid Change in Carrying Value Interest Expense Date Carrying Value 1/1/21 6/30/21 12/31/21 S Prev of 6 LE Next >
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