Prepare an amortization table through december 31 2019


Question - "On January 1, 2017, Sarasota Corporation issued $1,740,000 face value, 8%, 10- year bonds at $1,628,333. This price resulted in an effective-interest rate of 9% on the bonds. Sarasota uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1."

Prepare an amortization table through December 31, 2019 (three interest periods) far this bond issues.

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Accounting Basics: Prepare an amortization table through december 31 2019
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