Question: Please show work as well, I am having a hard time understanding this concept. Thanks. * Your answer is incorrect The following partial amortization schedule
* Your answer is incorrect The following partial amortization schedule is available for Carla Vista Co who sold $ 600000, 5-year, 10% bonds on January 1, 2020 for $ 624000 and uses annual straight-line amortization BOND AMORTIZATION SCHEDULE Interest Interest Periods Interest Premium Unamortized Bond Carrying to be paid expense Amortization Premium Value January 1, 2020 $ 24000 $624000 January 1, 2021 6) Gi) (0) liv) M Which of the following amounts should be shown in cell (iv)? 526400 $ 21600 519200 520000
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