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12. Shuttle Company issued a $10,000, three-year, 10% bond on yanusy 1,2010 . The bond...

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Accounting

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12. Shuttle Company issued a $10,000, three-year, 10% bond on yanusy 1,2010 . The bond interest is paid each December 31 . The bond was sold to yield 9%. (a) Calculate the issue price of the bond. (b) Complete the bond amortization schedule using the effective interest method. (c) Record all the journal entries required for the bond. Date each journal entry

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