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wo Required information [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $320,000 of 8% bonds, due
wo Required information [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $293,938 Required: 1. Complete the first three rows of an amortization schedule (Round your intermediate and final answers to the nearest whole dollar) Date Cast Paid interest Expense Change in Carrying Carrying Value Value 1/1/2024 6002024 12/31/2024 Help Seve & Exit Submit
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