Accounting -Prepare an amortization schedule for the 1st 2 years

| January 30, 2017

Question
Prepare an amortization schedule for the 1st 2 years (effective method) and the accompanying journal entries for each interest payment date using the following data:1. On January 1, 2010, ABC Co. issued $2,000,000, 5%, 10 year bonds, interest payable on June 30th and December 31st to yield 6%. Use the following format and round to nearest dollar (may have small rounding error).

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