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Question: e 146 l01 amortization schedule straightline devon harris company sells...

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E 14-6 L01) (Amortization Schedule Straight-Line) Devon Harris Company sells 10% bonds having a maturity value o$2,000,000 for $1,855,816. The bonds are dated January 1, 2017, and mature January 1, 2022. Interest is payable annually on January 1 Instructions Set up a schedule of interest expense and discount amortization under the straight-line method. (Round answers to the nearest cent.) <E14-7弘01) (Amortization Schedule-Effective-Interest) Assume the same information as E14-6. Instructions Set up a schedule of interest expense and discount amortization under the effective-interest method. (Hint: The effective-interest rate must be computed.)

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