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  3. a b g 1 prepare amortization tables for bonds sold

A B G 1 Prepare amortization tables for bonds sold at PAR, a 14 2...

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Accounting

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A B G 1 Prepare amortization tables for bonds sold at PAR, a 14 2 3 A Bond sold at PAR 4 5 Face Value $10,000 Note this is a 10% Face Value coupon rate. 6 Interest Rate 10% Interest Rate 7 Bond Term (years) 5 Coupon/Face Value Bond Term ( 8 Payment (Coupon) 1,000 Payment (Cou 9 10 11 Time Payment Interest Principle Balance Time Pa 12 $ 10,000 13 1 1,000 1,000 1 2 1,000 2 15 3 1,000 3 16 4 1,000 4 17 5 1,000 5 18 19 20 Journal Entries Journal Entries 21 22 T=0 Cash TEO Cash 23 Bond Payable 24 Discou 25 Bon 26 T=1 Interest Expense T 1 Interest Cash 28 Disc 29 Cash 30 T=2 Interest Expense 31 T.2 Cash Interest 32 Discou Background Bond Amortization Tables Cash Annual Coupon Bond Calculate 27 Ready

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