10-11:

On January 1, 2018, Splash City issues $490,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $450,092.

10.

value: 10.00 points

Required information

Required: 1. Complete the first three rows of an amortization table.

11.

value: 10.00 points

Required information

2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

10. 1000 points value: Required: 1. Complete the first three rows of an amortization table. Dato Cash Paid Interest Increase in Carrying Expense Value Value 6/30/18 12/31/18