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tion and interestedate reflects the ance of so-year boobs by Capult Corporation caja P11.1 (LO 1) Grow (Analysis of Amortization Schedule and Interest Entries) The
tion and interestedate reflects the ance of so-year boobs by Capult Corporation caja P11.1 (LO 1) Grow (Analysis of Amortization Schedule and Interest Entries) The following mo is December 31, and financial statements are prepared once yearly, 2014, and the w orst interest payments and charge. The company's year end Amortization Schedule Carrying Cash Interest 1L404 11.45 11,000 11.000 11,635 11.000 Instructions a. Indicate whether the bonds were issued at a premium or a discount and how you can determine this fact from the schedule. b. Indicate whether the amortization schedule is based on the straight-line method of the effective interest method, and how you can determine which method is used. c. Determine the stated interest rate and the effective interest rate d. On the basis of the schedule above, prepare the journal entry to record the sunce of the bonds on January 1, 2014 e. On the basis of the schedule above, prepare the journal entry or entries to reflect the bond transactions and access for 2014.(Interest is paita L) 1. On the basis of the schedule above, prepare the journal entry or entries to reflect the bond transactions and as for 2021. Capulet Corporation does not reversing entries
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