4.

Presented below is a partial amortization schedule for Premium Foods: Period Issue Date Cash Paid Interest Expense Increase in Carrying Value $4,000 4,000 2 Carrying Value $85,900 85.336 84,749 $3,436 3,413 $564 587 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $76,000 and first interest payment. (If no entry is requir for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the first interest payment. Note: Enter debits before credits Event General Journal Debit Credit N