On January 1,2014,Partridge Company Issued $50,000 of 6-Year Bonds with a Stated

Essay

On January 1,2014,Partridge Company issued $50,000 of 6-year bonds with a stated rate of 3%.The market rate at time of issue was 4%,so the bonds were discounted and sold for $47,331.Partridge uses the effective-interest rate of amortization for bond discount.Semiannual interest payments are made on June 30 and December 31 of each year.Please complete the amortization table for the first four interest payments.