Question: Required information Exercise 9-9A Record bonds issued at a premium and related semiannual interest (L09-5) [The following information applies to the questions displayed below] On
Required information Exercise 9-9A Record bonds issued at a premium and related semiannual interest (L09-5) [The following information applies to the questions displayed below] On January 1, 2021, Splash City issues $500,000 of 9% 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 8%, the bonds will issue at $549.482 Exercise 9.9A Part 1 Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value S 549,482 1/421 8/30/21 2/3121
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