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100.00 points Hillside issues $1,500,000 of 6%, 15-year bonds dated January 1, 2016, that pay interest semiannually on June 30 and December 31. The bonds

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100.00 points Hillside issues $1,500,000 of 6%, 15-year bonds dated January 1, 2016, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $1,835,994. Required: 1. Prepare the January 1, 2016, journal entry to record the bonds issuance. Journal entry worksheet Record the issue of bonds with a par value of $1,500,000 cash on January 1, 2016 at an issue price of $1,835,994 Nobe: Enter debits before credts Date Debit Jan 01, 2016 2. (a) For each semiannual period, complete the table below to compute the cash payment. Par (maturity) value Annual Rate 2. (b) For each semiannual period, complete the table below to compute the straight-line premium amortization Band price

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