Sciamanna Corporation issued $ of year bonds payable on January The market interest rate at the date of issuance was and the bonds pay interest semiannually on June and December Sciamanna Corporation's yearend is June
Read the requirements.
Using the PV function in Excel, calculate the issue price of the bonds. Round your answer to the nearest whole dollar.
The issue price of the bonds is
Prepare an effectiveinterest amortization table for the bond through the first three interest payments. Round amounts to the nearest dollar.
tablePremium,BondSemiannualInterest,Interest,Premium,Account,CarryingInterest Date,Payment,Expense,Amortization,Balance,AmountJun
