Question: 5. Effective Interest Method On January 1, 2022, A issued 10% bonds in the face amount of P1,000,000 that mature on December 31, 2031. The

5. Effective Interest Method On January 1, 2022, A issued 10%

5. Effective Interest Method On January 1, 2022, A issued 10% bonds in the face amount of P1,000,000 that mature on December 31, 2031. The bonds were issued for P886,000 to yield 12%, resulting in bond discount of P114,000 The entity used the interest method of amortizing bond discount. Interest is payable on June 30 and December 31. Requirement: Complete the following table from January 1 , 2022 to December 31, 2031

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