QUESTION 310 MARKS Fraser Corp. issued $10,000, 6%, 10-year bonds on December 31, 2019 for...
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QUESTION 310 MARKS Fraser Corp. issued $10,000, 6%, 10-year bonds on December 31, 2019 for $8,600 cash when the market rate was 8%. Interest is to be paid semi-annually on Jun 30 and Dec 31. Required: Compute only the 4 interest instalments in the following table. (No journal entries are required.) Period Ending (??) Unamortized Cash Interest Paid Period Interest Expense Carrying Value Amortization (??) Jun 30, 2020 Dec 31, 2020 Jun 30, 2021 Dec 31, 2021
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