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2 For each of the four independent situations below, prepare a single journal entry that summarizes the recording and payment of interest and determine the
2 For each of the four independent situations below, prepare a single journal entry that summarizes the recording and payment of interest and determine the amount of cash paid for bond interest. All dollars are in millions. 7 points Complete this question by entering your answers in the tabs below. Skipped Cash Paid for Interest General Journal eBook Calculate the amount of cash paid for bond interest. (Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).) Print References Situation Interest Expense Interest Payable Increase (Decrease) Unamortized Discount Increase (Decrease) Cash Paid for Interest 1 2 3 4 3333 0 0 6.6 0 0 (9.9) (6.6) (9.9) Cash Paid for Interest General Journal > Check my work
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