Maria Milier Company sssued $468,000 of 10%,20 year bonds on January 1,2025 , at 102...
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Maria Milier Company sssued $468,000 of 10%,20 year bonds on January 1,2025 , at 102 . Interest is payable semiannually on July 1 and Jarnary 1. Maria Milier Company uses the effecthe-interest method of amortization for bond premium or discount. Assume an effective vield of 9.7705% Clickhere to view factor tables Prepare the journal entries to record the following, (Round intermedlate calculations to 6 decimal places, es: 1.251247 and finaf answer to O decimal places, eg. 38,548. If na entry is required, select "No Entry" for the account tities and enter O for the amounts. Credit accaunt titles are automatically indented when the amount is entered Do not indent monually. List all debit entries before credit entries: a. The issuance of the bonds 6. The payment of interest and reisted amortization on July 1,2025. c. The accrual of interest and the related amortization on December 31,2025
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