Question

Required information Exercise 9-9A Record bonds issued at a premium and related semiannual interest (LO9-5) [The...

Required information

Exercise 9-9A Record bonds issued at a premium and related semiannual interest (LO9-5)

[The following information applies to the questions displayed below.]

On January 1, 2021, Splash City issues $410,000 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 $450,576.

Exercise 9-9A Part 1

Required:

1. Complete the first three rows of an amortization table. (Round your final answers to the nearest whole dollar.)

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