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Entries for HTM Debt Securities: Effective Interest Method

Note: When answering the following questions, round answers to the nearest whole dollar.

Amortization Schedule

Journal Entries in Year $1$

Financial Statement Presentation

Journal Entries in Year $2$

d$.$ Indicate the effects of this investment on the Year $1$ income statement and year$-$end balance sheet.

$\backslash$table$[[$Income Statement,Year $1],[$Other Revenues and Gains,$],[$Interest revenue,$]]$

$\backslash$table$[[$Balance Sheet,$\backslash$table$[[$Dec$.31,],[$Year $1]]],[$Assets$,,],[$Interest receivable,$$,0],[$Investment in HTM Securities,$$,0]]$