Exercise y2U (Aigo) Kecora the early retirement or bonds issued at a premium (LUY-b) (The...
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Exercise y2U (Aigo) Kecora the early retirement or bonds issued at a premium (LUY-b) (The following information applies to the questions displayed below] On January 1, 2024. White Water issues $410,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 eoch yeat. The market interest rate on the issue date is 6% and the bonds issued at $440,499. Exercise 9.20 (Algo) Part 1 Required: 1. Using on amortization schedule, show that the bonds have o corcying value of $433,158 on December 31,2026 (Round your final enswers to the nearest whole dollar.) the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet Record the retirement of the bonds Notel Enter dubits bufore eredits
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