Question: please try and answer before 11:40! what is the premium amortization? interest expense recorded? carrying value of bonds? Whispering Winds Company issued $930,000 of 8%,

please try and answer before 11:40!

what is the premium amortization?

interest expense recorded?

carrying value of bonds?

please try and answer before 11:40! what is the premium amortization?

Whispering Winds Company issued $930,000 of 8%, 5-year bonds at 106. Interest is paid annually, and the effective interest method is used for amortization. Assume that the market rate for similar investments is 6%. The bonds are issued on the date of the bonds. (a) Your answer is correct. What amount was received for the bonds? Amount received $ 985800 eTextbook and Media Attempts: 2 of 5 used Question Part Score 1.5/1.5

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