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[The following information applies to the questions displayed below On January 1, 2018, Splash City issues $470,000 of 9% bonds, due in 20 years, with
[The following information applies to the questions displayed below On January 1, 2018, Splash City issues $470,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 10%, the bonds will issue at $429,678. value: 13.00 points Required 1. Complete the first three rows of an amortization table. ate Cash Paid Interest Increase in Expense Carrying Carrying Value Value 6/30/18 12/31/18
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