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Revise your worksheet assumptions as indicated below and then answer the questions that folllow: Face amount Stated rate Number of years Market rate Discount O

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Revise your worksheet assumptions as indicated below and then answer the questions that folllow: Face amount Stated rate Number of years Market rate Discount O Premium Required: 1. Was the bond issued at a discount or a premium? Date June 30, 2021 December 31, 2021 June 30, 2022 December 31, 2022 $3,095,000 Cash Paid 9% 10 2. Complete the first four rows of the amortization schedule. (Round your answers to 2 decimal places.) Interest Change in Carrying Expense Value 10% Carrying Value Journal entry worksheet 1 2 Record the issuance of the 9% note for $3,095,000 on Jan. 01, 2021. Date January 01, 2021 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal Journal entry worksheet

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