Same problem. Please show work Construction of a...
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Accounting
Same problem. Please show work
Construction of a Bond Amortization Schedule Stated Interest Rate Effective Interest Rate Interest Paid Semi-Annually Face Value of the Bond 12% 10% July 1st Jan. 1st Date Bond Sold Date Bond Matures 1/1/201 1/1/201 500,000 Sales Price of the Bond538,607 for this bond using the Requirement #1: Prepare the Bond Amortization Schedule effective interest method. Show only the first 5 interest periods only 6% 5% PremiumBond Carrying Date Cash Paid/Rec'd Rev/Exp Amortication Value 1/1/2011 7/1/2011 1/1/2012 7/1/2012 /1/2013 /1/2013 Total Requirement #2: Repare the following Journal Entries from the Standpoint of the INVESTOR JERI: Record the purchase of the bond. 1/1/2011 JE#2: Record the first interest payment using the effective interest method. from the Standpoint of the LENDER/BOND MAKER: JE 81: Record the sale of the bond. 1/1/2011 JE#2: Record the first interest payment using the effective interest method. 7/1/2011 REQUIREMENT #3: What is the amortization per period using the straight line Amortization method
Same problem. Please show work


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