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Gary King Company sells 10% bonds having a maturity value of $2,390,000 for $2,217,700. The...

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Accounting

Gary King Company sells 10% bonds having a maturity value of $2,390,000 for $2,217,700. The bonds are dated January 1,2025, and
mature January 1,2030. Interest is payable annually on January 1. tables.
Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to 2 decimal places, e.g.Schedule of Discount Amortization
Straight-Line Method
38,548.25.)
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