Question: q4 please provide Complete solution/computation. thank you Question 4 2 pts On May 1, 2019, an entity issued 5,000 of its 8-year P1,000 face value,

q4 please provide Complete solution/computation. thank you Question 4 2 pts

q4 please provide Complete solution/computation. thank you

Question 4 2 pts On May 1, 2019, an entity issued 5,000 of its 8-year P1,000 face value, 11% bonds dated May 1 at an effective annual yield of 9%. Interest is payable every April 30. The entity uses the effective interest method of amortization. Determine interest expense recorded in 2020 related to these bonds. 333.219 O 550,000 499,828 0 496,817

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