Question: Required information Exercise 9-14 (Algo) Record bonds issued at a discount and related semiannual interest (LO9-5) [The following information applles to the questions displayed below.]
Required information Exercise 9-14 (Algo) Record bonds issued at a discount and related semiannual interest (LO9-5) [The following information applles to the questions displayed below.] On January 1, 2024. White Water issues $480,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $428,747. Exercise 9-14 (Algo) Part 1 Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.)
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