14 ABE 10-16 Exam2b Bond Amort Tbl Issue Int pmt Xerox if online submission rename file: Lname, Fname Exam#2 bamort Xerox Company Issues $ 3,000,000 4 year Bonds at 105 Interest is payable on July 1st and January 1st. Straight-line method is used for bond discount/premlum. Discount/Premium Optional Work Face, Price, Carry Value> Area Bond Rate> # Periods > Prepare the bond amortization schedule. (Round to the nearest dollar.) ET LLC X X Face 12 1 A+ (-) DE D/#periods Amount of Cash Interest Period # Date Interest Expense Payment Prem/Disc Amortizatn Issue Date >> BEL Face +(-) D Un-Amortized Prem/(Disc) Bond Carry Value JE1: Prepare journal entry for sale of the bonds January 1, year1. Explanation adequate to calculate Bond value Date Account / Description Cr. JE1: Prepare journal entry for sale of the bonds January 1, year 1. Explanation adequate to calculate Bond value Date Account / Description JE2: Prepare journal entry to record bond interest payment on July 1st. Date Account / Description JE3: Prepare journal entry accrual of interest expense December 31st Date Account/Description JE4: Prepare journal entry to pay interest January 2, year2 Date Account / Description Dr. Redeem Bonds @ 102 on July 1st year #2 assuming Bond Interest payment has been made. Date Account / Description Dr. th Cr. THESE PER