Question: ! Required information Problem 1 0 - 1 0 AB ( Algo ) Effective Interest: Amortization of bond LO P 5 [ The following information

 ! Required information Problem 10-10AB (Algo) Effective Interest: Amortization of bond
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Required information
Problem 10-10AB (Algo) Effective Interest: Amortization of bond LO P5
[The following information applies to the questions displayed below.]
Ike issues $90,000 of 11%, three-year bonds dated January 1,2020, that pay interest semiannually on June 30 and December 31. They are issued at $92,283 when the market rate is 10%.
Problem 10-10AB (Algo) Part 3
3. Prepare an effective interest amortization table for the bonds' first two years.
Note: Round your intermediate and final answers to the nearest whole dollar.
\table[[\table[[Semiannual Interest],[Period-End]],\table[[Cash Interest],[Paid]],\table[[Bond Interest],[Expense]],\table[[Premium],[Amortization]],\table[[Unamortized],[Premium]],Carrying Value],[01/01/2020,,,,,],[06/30/2020,,,,,],[12/31/2020,,,,,],[06/30/2021,,,,,],[12/31/2021,,,,,]]
LO P5 [The following information applies to the questions displayed below.] Ike

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