Question
Villarente Company issued 5-year $200,000 face value bonds at 95 on January 1, 2012. The stated interest rate on these bonds is 9%, and the
Villarente Company issued 5-year $200,000 face value bonds at 95 on January 1, 2012. The stated interest rate on these bonds is 9%, and the effective interest rate is 10.33%. Use the effective interest rate method to complete the amortization schedule below.
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| Cash Payment | Interest Expense | Discount Amortization | Carrying Value |
| January 1, 2012 |
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| December 31, 2012 |
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| December 31, 2013 |
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| December 31, 2014 |
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| December 31, 2015 |
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| December 31, 2016 |
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| Totals |
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Fraud Analytics Using Descriptive Predictive And Social Network Techniques A Guide To Data Science For Fraud Detection
Authors: Bart Baesens, Veronique Van Vlasselaer, Wouter Verbeke
1st Edition
1119133122, 978-1119133124
