Amortization table using the straight-line method

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Hillside issues $1,900,000 of 5%, 15-year bonds dated January 1, 2013, that pay interest semi annually on June 30 and December 31. The bonds are issued at a price of $2,325,594.

Prepare the first two years of an amortization table using the straight-line method.

Reference no: EM13789013

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