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Tab 5 #3: calculate carrying value of bond A 10 year 200,000 bond is issued on January 1, 2020 that pays interest semiannually of
Tab 5 #3: calculate carrying value of bond A 10 year 200,000 bond is issued on January 1, 2020 that pays interest semiannually of 7% and sells in the market for 97. What does the bond sell for? How much is the discount? How much is the discount amortization each payment? Calculate the carrying value at the end of each year: Bond Payable Less: discount Carrying Value 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 Bond Payable Less: discount Carrying Value
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