On December 31, 2024; when the market interest rate is 14%, Walis Realty issues 5750,000...
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Accounting
On December 31, 2024; when the market interest rate is 14%, Walis Realty issues 5750,000 of 11.254,10 year bonds payable. The bonds pay internst semiannually. The present value 0 the bonds it lasuance is 5040,434 Requirements 1. Prepare an amortization table using the effective interest amcrizabion mernod for the first two semiannual interest penods. (Round to the nearest dollar.) 2. Using the amortization table prepared in Pequiement 1, joumaloe iscuance of the bonds and the first two interest payments Stant by journaliging the issuance of the bonets on December 31,2024
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