Question: ! Required information Problem 9 - 7 A ( Algo ) Prepare a bond amortization schedule and record transactions for the bond issuer ( L

!
Required information
Problem 9-7A (Algo) Prepare a bond amortization schedule and record transactions for the bond issuer
(L09-5)
[The following information applies to the questions displayed below.]
On January 1,2024, Universe of Fun issues $780,000,9% bonds that mature in 15 years. The market interest rate for
bonds of similar risk and maturity is 10%, and the bonds issue for $720,047. Interest is paid semiannually on June 30 and
December 31.
Problem 9-7A (Algo) Part 1
Required:
Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to
the nearest whole dollar.)
 ! Required information Problem 9-7A (Algo) Prepare a bond amortization schedule

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