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TAR Cart - Best Buy # Showplace Icon Theatres Calculator i Drawstring Te l e CengageNow 21 Online teaching and On January 1, Year 1,

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TAR Cart - Best Buy # Showplace Icon Theatres Calculator i Drawstring Te l e CengageNow 21 Online teaching and On January 1, Year 1, Kennard Co. issued $2,000,000, 5%, 10-year bonds, with interest payable on June 30 and December 31 to yield for $1,851,234, a. Prepare an amortization schedule for Year 1 and Year 2 using the effective interest rate method. Round answers to the nearest dollar. Enteral amounts as positive numbers. . The bonds were Amortization Table The Effective Interest Rate Method Interest Paid Interest Expense Amortization Bond Carrying Amount Date 1/1/Year 1 6/30/Year 1 12/31/Year 1 6/30/Year 2 12/31/Year 2 b. Show how this bond would be reported on the balance sheet at December 31, Year 2 Kennard Co. Partial Balance Sheet

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