Question: Problem 9-73B Preparing a Bond Amortization Table (Straight Line) Campton Company issued 5-year, 8.5% bonds with a total face value of $1,100,000 on January 1

Problem 9-73B Preparing a Bond Amortization Table (Straight Line) Campton Company

Problem 9-73B Preparing a Bond Amortization Table (Straight Line) Campton Company issued 5-year, 8.5\% bonds with a total face value of $1,100,000 on January 1 for $1,175,000. The bonds pay interest on June 30 and December 31 of each year. Required: 1. Prepare an amortization table 2. Prepare the entries to recognize the interest payments made on June 30 and December 31 of Year 1

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