Question: Tamarisk Co . sells ( $ 4 9 1 , 0 0 0 ) of ( 8 % )

Tamarisk Co

.

sells

\ (\

491, 000 \)

\ (8 \ % \)

bonds on March

1, 2025 .

The bonds pay interest on September

1

and March

1 .

The due date of the bonds is September

1, 2028 .

The bonds yield

12 \ % .

Give entries through December

31, 2026 .

Prepare a bond amortization schedule using the effective

-

interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year

-

end.

(

Round answers to

0

decimal places, e

.

. 38, 548 .)

amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.

)

$Tamarisk Co . sells \ ( \ $ 4 9 1 , 0 0 0 \ ) of$

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