Solution-Question san jose company issued 5-year 200000

Question san jose company issued 5-year 200000 face value

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Reference no: EM13362929

Question: San Jose Company issued 5-year $200,000 face value bonds at 105 on January 1, 2012. The stated interest rate on these bonds is 9%. Use the straight line method to complete the amortization schedule below.

	Cash Payment	Interest Expense	Premium Amortization	Carrying Value
January 1, 2012
December 31, 2012
December 31, 2013
December 31, 2014
December 31, 2015
December 31, 2015
Totals

Reference no: EM13362929

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Question san jose company issued 5-year 200000 face value

Reference no: EM13362929

Reference no: EM13362929

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