Tamarisk Co. sells $492,000 of 10% bonds on March 1, 2025. The bonds pay interest on...

 

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Tamarisk Co. sells $492,000 of 10% bonds on March 1, 2025. The bonds pay interest on September 1 and March 1. The due dat of the bonds is September 1, 2028. The bonds yield 12%. Give entries through December 31, 2026. Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to O decimal places, e.g. 38,548.) $ Cash Paid 0 $ 24,600 Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Interest Expense $ 13,843 24,600 14,437 Discount Amortized 30,553 Carrying Value of Bonds 461,44 10,757 481,24 10,163 481,83 24,600 14,455 10,145 481,85 24,600 14,456 10,144 481,8 24,600 14,456 10,144 481,8 Tamarisk Co. sells $492,000 of 10% bonds on March 1, 2025. The bonds pay interest on September 1 and March 1. The due dat of the bonds is September 1, 2028. The bonds yield 12%. Give entries through December 31, 2026. Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to O decimal places, e.g. 38,548.) $ Cash Paid 0 $ 24,600 Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Interest Expense $ 13,843 24,600 14,437 Discount Amortized 30,553 Carrying Value of Bonds 461,44 10,757 481,24 10,163 481,83 24,600 14,455 10,145 481,85 24,600 14,456 10,144 481,8 24,600 14,456 10,144 481,8