Please provide the correct answers for the ones marked incorrect. I will give thumbs up....
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Accounting
Please provide the correct answers for the ones marked incorrect. I will give thumbs up. On January 1, 2021, Surreal Manufacturing issued 700 bonds, each with a face value of $1,000, a stated interest rate of 3 percent paid annually on December 31, and a maturity date of December 31, 2023. On the issue date, the market interest rate was 4 percent, so the total proceeds from the bond issue were $680,577. Surreal uses the effective-interest bond amortization method and adjusts for any rounding errors when recording interest in the final year. Required: 1. Prepare a bond amortization schedule. 2-5. Prepare the journal entries to record the bond issue, the interest payments on December 31, 2021 and 2022, the interest and face value payment on December 31,2023 and the bond retirement. Assume the bonds are retired on January 1, 2023, at a price of 102. Round your answers to the nearest whole dollar amount.)


Please provide the correct answers for the ones marked incorrect.
I will give thumbs up.
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