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The Bond Information tab contains details about the bonds that were issued by Baxter. Use this information to do the following: 1. Answer the question
The "Bond Information" tab contains details about the bonds that were issued by Baxter. Use this information to do the following: 1. Answer the question on the "Bond Information" tab, and fill out the amortization schedules using the straight line and the effective interest methods. 2. Provide all relevant journal entries for Baxter using the straight line and the effective interest methods. Use the "Journal Entries" tab to document your entries. Information from the Bond Sale: Baxter issued \$300 million in 5-year bonds with a 5.5\% interest rate on 1/1/2021. How much cash did Baxter collect on the issue date for its $300 Million 5-year bonds? (Market rate =6% ) Present Value: N=;I/YR= Effective Interest Discount Amortization ENERAL IOURNAL (effective interes The "Bond Information" tab contains details about the bonds that were issued by Baxter. Use this information to do the following: 1. Answer the question on the "Bond Information" tab, and fill out the amortization schedules using the straight line and the effective interest methods. 2. Provide all relevant journal entries for Baxter using the straight line and the effective interest methods. Use the "Journal Entries" tab to document your entries. Information from the Bond Sale: Baxter issued \$300 million in 5-year bonds with a 5.5\% interest rate on 1/1/2021. How much cash did Baxter collect on the issue date for its $300 Million 5-year bonds? (Market rate =6% ) Present Value: N=;I/YR= Effective Interest Discount Amortization ENERAL IOURNAL (effective interes
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