Question: b. Using the effective interest method, prepare an amortization schedule. (Do not round intermediate calcu answers to nearest whole dollar. Enter all the amounts as


b. Using the effective interest method, prepare an amortization schedule. (Do not round intermediate calcu answers to nearest whole dollar. Enter all the amounts as positive volues.) c. Record the entries for the issuance of the bond on March 1, the adjusting entry to accrue bond interest and refated amortization on April 30, 2023, Quinto's year-end, and the payment of interest on September 1, 2023. (Do not round intermediate calculations. Round the final answers to nearest whole dollas.) Journal entry worksheet Record the issuance of bond: Notei teser debits belare cresits. On March 1, 2023, Guinto Mining inc issued a $640,000,10%, three-year bond. Interest is payable semannually beginning September 1.2023. Required: Part 1 a. Calculate the bond issue price assuming a market interest rate of 9% on the date of issue. (Do not round intermediate calculations. Round the finol onswer to nearest whole dollar.) b. Using the effective interest method, prepore an amortzation schedule (Do not round intermediote calculotions. Round the finol answers to nearest whole dollar. Enter oll the amounts as positive volues.)
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