alic908
Apr 14, 2011, 04:26 PM
On July 1 2010 Atwater Corp issued 2,000,000 face value, 10% 10 year bonds at 2271813 Price resulted in an effective interest rate of 8% on the bonds. They use the effective interest method to amortize bond premium or discount. Bonds also pay semi annual interest on July 1 and January 1.
Prepare the amortization table through December 2012...
Prepare the amortization table through December 2012...