Question: Cornerstone Exercise 9:30 (Algorithmic) Debit Issued at a Premium (Strwght Line) On January 1, 2020, Ironman Steel issued $750,000,-year bonds for $700,000. The stated rate
Cornerstone Exercise 9:30 (Algorithmic) Debit Issued at a Premium (Strwght Line) On January 1, 2020, Ironman Steel issued $750,000,-year bonds for $700,000. The stated rate of interest was 11% and interest in pudy on December 31 Prepare the amortization table for Ironman Steel's bonds. If requred, round your answers to nearest whole value. If an amount box does not an entry leave it blank the answer is zero enter"0" Ironman Steel Am Table Period Cash Payment (Credit Interest Expense (Debit) Premium on Bonds Payable (Debit) Premium on Bonds Payable Balance Carrying we S AT ISSUE 12/31/20 w 12/31/21 12/31/22 12/31/23 12/31/24 12/31/25 12/31/26 12/31/27
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