On January 1,2013,Diagem Services issued $140,000 of 4-year bonds with a stated rate of 9%.The market rate at time of issue was 8%,so the bonds were issued at a premium and sold for $144,713.Diagem uses the effective-interest method to amortize the bond premium.Semiannual interest payments are made on June 30 and December 31 of each year.Prepare the amortization table for the first four interest payments.(Round your answers to nearest dollar number.)

Question

Quizplus · Accepted Answer

The Answer of On January 1,2013,Diagem Services issued $140,000 of 4-year bonds with a stated rate of 9%.The market rate at time of issue was 8%,so the bonds were issued at a premium and sold for $144,713.Diagem uses the effective-interest method to amortize the bond premium.Semiannual interest payments are made on June 30 and December 31 of each year.Prepare the amortization table for the first four interest payments.(Round your answers to nearest dollar number.)

On January 1,2013,Diagem Services Issued $140,000 of 4-Year Bonds with a Stated