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Required information [The following information dpplies to the questions displayed below] On January 1 , when the market interest rate was 9 percent, Seton Corporation
Required information [The following information dpplies to the questions displayed below] On January 1 , when the market interest rate was 9 percent, Seton Corporation completed a $130,000,8 percent bond Issue for $121,656. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation accounts for the bond using the simplified effective-interest method. 3. Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)
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