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Posted: **Wed Jul 06, 2022 6:23 am**

: Revise Your Worksheet To Reflect These Updated Assumptions And Then Answer The Questions That Follow Loan Amount Annual 1 (30.34 KiB) Viewed 9 times

: Revise Your Worksheet To Reflect These Updated Assumptions And Then Answer The Questions That Follow Loan Amount Annual 2 (65.51 KiB) Viewed 9 times

: Revise Your Worksheet To Reflect These Updated Assumptions And Then Answer The Questions That Follow Loan Amount Annual 3 (68.57 KiB) Viewed 9 times

: Revise Your Worksheet To Reflect These Updated Assumptions And Then Answer The Questions That Follow Loan Amount Annual 4 (69.97 KiB) Viewed 9 times

Revise your worksheet to reflect these updated assumptions and then answer the questions that follow. Loan amount Annual interest rate Number of years Date Required: 1. Use your spreadsheet to recalculate the amortization table amounts and enter your revised results for the years indicated. Assume the bonds were issued on January 1 (Round your answers to 2 decimal places.) Carrying Value December 31, 2021 December 31, 2022 December 31, 2023 December 31, 2024 $450,000 Cash Paid 8X
Journal entry worksheet < 2 Record the issuance of the 8% note for $450,000. 3 Note: Enter debits before credits. Date January 01, 2021 Cash Record entry General Journal Bonds Payable Clear entry Debit Credit > View general journal
Journal entry worksheet < 2 Record the payment of the first installment. Date Note: Enter debits before credits. 3 December 31, 2021 Record entry General Journal Clear entry Debit Credit View general journal
Journal entry worksheet < 2 Record the payment of the second installment. 3 Note: Enter debits before credits. Date December 31, 2022 Record entry General Journal Clear entry Debit Credit View general journal