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Amortization Table Account Chart 1 Communication on January 2 of the current year, South Colissued bonds payable with a face value of $540,000 at a discount. w bonds are due in 12 years and interest is payable semiannually every June 30 and December 31, on June 30, and on December 31, South made the semiannual interest payments due and recorded interest expense and amortization of bond discount. (6191) Situation Amortization Table Account Chart Communication For each item numbered 1 through 7, select and place the correct response into the partially-completed amor. ization table below Date Cash Interest Expense Amortization Discount Carrying Amount 12 (3) 6/30 (2) 24,000 2,400 402.400 12/31 $21,600 (6) (7) Annual Interest Rates: Stated (4) Effective (5) Selections may be made from the list below. Any choice may be used once, more than once, or not at al Rates A 4% B. 6% C 8% D. 10% E 12% F. 14% G. H. 1 J. K. L $ 2.400 $ 2,544 $ 3,612 $ 4,800 $10,800 $12.000 Amounts M $21,600 N. $22,472 $24,000 .P $24,144 Q $43,200 R $45,000 ZODOC S. T. U V. w X $137,600 $140,000 $400,000 $402.400 $513,600 $540,000 Scanned with CamScanner