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Winner Lid. is authorized to issue 56.250.000 of 5 percent 10 year bonds On January 2, 2020, the contract date, when the market interest rate

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Winner Lid. is authorized to issue 56.250.000 of 5 percent 10 year bonds On January 2, 2020, the contract date, when the market interest rate is 6 percent, the company issues $5,000,000 of the bonds and receives ca 54,628,063. Interest is paid on June 30 and December 31 each year Required 1. Prepare an amortization table for the first four seanul Interest periods Winner Lad amortizes bond discounts by the effective Interest method 2. Record the issue of bonds on January 2, the first semiannual interest payment on June 30, and the second payment on December 31 3. Show the balance sheet presentation of the bond on the date of issue and on December 31, 2021 Requirement 1. Prepare an amortization table for the first four semiannual interest periods Winner Lad amortires bond discounts by the effective interest method (Round your answers to the nearest whole dollar) Winner Ltd Amortization Table B D E Interest Interest Expense Unamortired Payment (30% of Discount Discount Account Bond Carrying Semi-annual 25% of Preceding Bond Amortization Balance Amount Interest Period Maturlty Value) Carrying Amount (B-A (D-C) 155.000.000 - Jan 2, 2020 Jun 30, 2020 Choose from any list or enter any number in the input fields and then continue to the next

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