How to prepare bond amortization schedule

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Reference no: EM132557841

Based on the senior accountant's advised on 1 January 2018, SP purchased bonds at 10% stated rate with a maturity value of RM900,000 for RM972,270. The bonds provide the bondholders with a 8% yield. The bonds are dated 1 January 2018 and mature 1 January 2023 with interest receivable 31 December each year

Question 1: How to prepare bond amortization schedule through 2022.

Reference no: EM132557841

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