amortization of discounts or premium

Project Description:

benson industries,inc. issued $6,000,000 of 8% debentures on january 1,2012 and received cah totaling $5,349,725.the bonds pay interest semiannually on july 1 and january 1. the maturity date on these bonds is january 1,2020.the firm uses the effective-interest rate of 10%. prepare the amortization table
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Price Type: Negotiable

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