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Please use the photo table EX-9A On March...

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Accounting

Please use the photo table image
image
EX-9A On March 1, 2011, Fefferman Inc. issued a $400,000, 8%, three-year semi-annually beginning September 1, 2011 bond. Interest is payable Required Part 1 ulate the issue priassu a market in ate of 796 te of i ethod, pare an ag izat arch 1 c. Re int entry for tuance of the t of est on Septem1, 201egd Mar1,2012 Part 2 a. Calculate the bond issue price assuming a market interest rate of 8.5% on the date of issue b. Using the effective interest method, prepare an amortization schedule c. Record the entries for the issuance of the bond on Marc h 1 and the of interest on September 1, 2011 and March 1, 2012

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