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1.
Complete the amortization schedule.
2.
Identify the maturity amount of the bonds.
3.
Identify the cash that was received on the day of issuance of the bonds.
4.
Identify whether there was a premium or a discount and by how much amount.
5.
Identify the amount of cash that is disbursed for interest each period.
Calculate the total amount of cash interest that will be disbursed in total over the life of the bonds.
6.
Identify the method that is being used to amortize the bonds.
7.
Calculate the stated rate of interest.
8.
Calculate the Effective rate of interest.
9.
Identify interest expense that will be reported on the income statements for 2014, 2015, 2016, and 2017.
10.
Show the presentation of bonds that will be reported on the
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Chapter 10 Solutions
Financial Accounting, 8th Edition
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