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the $10,000 face value, 10%, 2 year bonds of Company D The bonds On January 1, Year 1, Company C purchased 10 of mature n
the $10,000 face value, 10%, 2 year bonds of Company D The bonds On January 1, Year 1, Company C purchased 10 of mature n December31 Year 2, and pay interest annually on December 31 Company Cpurchased the bonds to y and classified the bonds as held-to-maturity. The company's policy is to amortize the bonds' premium or discount ac the effective interest method. Information on present value factors is a as Present value of $1 at 10% for two periods Present value of $1 at 12% for two penods Present value of an annuity of $1 at 10% for two periods Present value of an annuity of $1 at 12% for two periods d 12% 0.8264 0.7972 1.7355 1 6901 " Enter the appropriate amounts in the designated cels below Round all amounts to the nearest dollar I no entry is necessary, enter a zero (0). Enter all amounts as positive values Candidates using the updated interface. You will enter amounts in a pop-up box that will auto-format your response. When you are ready to submit the response, click Accept in the pop-up box. If you would like to clear an amount and try again with a different answer, click Reset in the pop-up box Item Amount 1. The amount Company C paid for the bonds 2. The amount of discount on the bonds on January 1, Year 1 3. The amount of cash interest received by Company C during Year 1 4. The amount of interest revenue recognized in Year 1 income statement 5. The amount of the bonds' discount amortized in Year1 6 The carrying amount of the bonds presented in the December 31 Year 1, financial statements Type here to search
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