Question: Endymion Co. is preparing the electronic spreadsheet below, to amortize the discount on its 10-year, 4%, $500,000 bonds payable. Bonds were issued on December

Endymion Co. is preparing the electronic spreadsheet below, to amortize the discount

Endymion Co. is preparing the electronic spreadsheet below, to amortize the discount on its 10-year, 4%, $500,000 bonds payable. Bonds were issued on December 31 to yield 6%. Interest is paid annually. Endymion uses the effective interest method to amortize bond discounts. A B Carrying Amount at Effective 1 Year Beginning of Year Interest Rate 2 1 6% D Interest Expense $25,584 E Cash Payment F G Amortization New Carrying of Discount Amount 3 2 =G2 Which formula should Endymion use in cell G2 to calculate the bonds' carrying amount at the end of Year 1? Multiple Choice B2+F2 B2+D2 B2-D2 B2-F2

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