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Bonds and Amortization On January 1, 2019, your company issues a...

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Accounting

Bonds and Amortization image
On January 1, 2019, your company issues a four year bond with a face value of 6,000 and a stated (coupon rate) of 6% when the market rate is 4%. What is the issue price of the bond Prepare the journal entry to issue the bond. Prepare an amortization table using the straight line method. Prepare a journal entry for one year's interest payment

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