Preparing a Bond Amortization Table Straight Line
On January Distel Company borrowed $ by issuing year, bonds with a face amount of $ Interest is paid annually on December
Required:
Prepare an amortization table. If an amount box does not require an entry, leave it blank and if the answer is zero, enter Round to the nearest dollar and if necessary, round final year to amortize full amount of premium.
Distel Company
Amortization Table
tablePeriodtableCashPaymentCredittableInterestExpenseDebittablePremium onBonds PayableDebittablePremium onBonds PayableBalancetableCarryingValueAt issue,,,,$$
