Question: E14.7 need help E14.6 (LO 1) (Amortization Schedule-Straight-Line) Devon Harris Company sells 10% bonds having a maturity value of $2,000,000 for $1,855,816. The bonds are

E14.7 need help E14.7 need help E14.6 (LO 1) (Amortization Schedule-Straight-Line) Devon Harris Company sells

E14.6 (LO 1) (Amortization Schedule-Straight-Line) Devon Harris Company sells 10% bonds having a maturity value of $2,000,000 for $1,855,816. The bonds are dated January 1, 2020, and mature January 1, 2025. Interest is payable annually on January 1. Instructions Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to the nearest cent.) E14.7 (LO 1) (Amortization ScheduleEffective-Interest) Assume the same information as E14.6

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