Please use excel sheet | Nursing Term Papers

response to dq 1June 9, 2021

On 1-1-2014 Avion, Inc. Sold Bonds with these particulars:






Face amt. of Bonds

















Matures on 1-1-2024, in 10 yrs.
















Stated annual rate of  int.

















Effective annual rate of interest
















Int. is paid every six months; 6-30, 12-31














Req. 1, Assume the effective Interest Method in accounting for these Bonds, build a 10 year amortization table










Req. 2, Give General Journal entries to record the sale of the bonds, and the 1st 4 interest payments


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