Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.] Legacy issues $610,000 of 6.5%, four-year...


Required information<br>Problem 10-4A Straight-Line: Amortization of bond discount LO P2<br>[The following information applies to the questions displayed below.]<br>Legacy issues $610,000 of 6.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and<br>December 31. They are issued at $579,203 when the market rate is 8%.<br>Problem 10-4A Part 3<br>3. Prepare a straight-line amortization table for the bonds' first two years.<br>X Answer is not complete.<br>Semiannual<br>Period-End<br>Unamortized<br>Carrying<br>Value<br>Discount<br>01/01/2019<br>30,797<br>2$<br>579,203 O<br>06/30/2019<br>583,052 O<br>12/31/2019<br>586,902 O<br>06/30/2020<br>590,751 O<br>12/31/2020<br>594,601<br>

Extracted text: Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.] Legacy issues $610,000 of 6.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $579,203 when the market rate is 8%. Problem 10-4A Part 3 3. Prepare a straight-line amortization table for the bonds' first two years. X Answer is not complete. Semiannual Period-End Unamortized Carrying Value Discount 01/01/2019 30,797 2$ 579,203 O 06/30/2019 583,052 O 12/31/2019 586,902 O 06/30/2020 590,751 O 12/31/2020 594,601

Jun 08, 2022
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