Amortization Schedules: Straight Line, Spencer Company
Use Excel if possible. 1) (Amortization Schedules - Straight Line) Spencer Company sells 10% bonds having a maturity value of $300,000,000 for $2,783,724. The bonds are dated January 1, 2012, and mature January 1, 2017. Interest is payable annually on January 1. 2) (Amortization Schedules - Effective-Interest) Assume the s