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Given the Following Data, Prepare an Amortization Schedule (Use the Straight

Question 163

Essay

Given the following data, prepare an amortization schedule (use the straight line method)
1/1/10 - issued $800,000, 9%, 3 year bonds, interest paid annually on 12/31 to yield 8%
Use the following format (round to nearest dollar, may have small rounding difference);
Date Cash Paid Interest Exp. Amortization Bond Carrying Value

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Date Cash Paid Interest Exp. A...

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