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Business, 15.04.2020 04:31 brooklynpage5283

Cougar Corp. sold 2-year, 6%, $300,000, bonds on January 1, 2020 for $270,000. Interest is paid semi-annually on June 30 and December 31. 2 points What is the journal entry to record the issuance of the Bond on 1/1/2020? 8 points: Complete the amortization schedule below. Period ended Cash Paid Interest expense amortization Carrying amount 06/30/2020 12/31/2020 06/30/2021 12/31/2021

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Cougar Corp. sold 2-year, 6%, $300,000, bonds on January 1, 2020 for $270,000. Interest is paid semi...
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