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The company Dharma Inc 11 Bono (Problem in Spanish) The company Dharma Inc issues $800,000 in bonds in terms, Contract Rate%. Market Rate Maturity 5

The company Dharma Inc
11 Bono (Problem in Spanish) The company Dharma Inc issues $800,000 in bonds in terms, Contract Rate%. Market Rate Maturity 5 years, semi-annual interest payment. The semi-annual payments will be on June 30 and December 30 Required 1 In theory this issue is with Premium, discount or par. 2 Apply the five steps discussed in the course to determine the cash to receive and if the issue is with premium or discount 3 Present the entries or countable entries in the books of the issuer Prepare the Amortize tableUsing the Effective Interest method. a Issue entry January 1, 2015 b Interest payment entry or Expense accumulation and Amortization of c Expiration entry

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