Question: 21 Presented here is a partial amortization schedule for Greenland Company who sold C200,000, six year 12% bonds on January 1, 2019 for 212,000 and
21 Presented here is a partial amortization schedule for Greenland Company who sold C200,000, six year 12% bonds on January 1, 2019 for 212,000 and uses annual effective interest amortization Market Interest rate is 10%. of 1 estion BOND AMORTIZATION SCHEDULE Interest Period Interest Interest Premium Amortization Paid Expense January 1, 2019 January 1, 2020 D (11) COM) Bond Carrying Value 212,000 (iv) Which of the following amounts should be shown in cell (0)? Select one: o a. 12,000 O b. C21,200 c. 25,440 d. 24,000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
