Prepare an amortization table for ghoul

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Reference no: EM131959128

On January 1, 2015, Ghoul Incorporated received $1,421,368 for its issuance of $1,500,000 6%, three-year bonds.

Interest is payable each June 30 and December 31, with the first payment on June 30, 2015. On January 1, 2015, the market rate of interest was 8%.

Prepare an amortization table for Ghoul.

Reference no: EM131959128

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