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51 On January 1, 2021 a company issues $800,000 of 8% bonds, due in nine years, with interest payable semiannually on June 30 and December
51 On January 1, 2021 a company issues $800,000 of 8% bonds, due in nine years, with interest payable semiannually on June 30 and December at each year. Assuming the market interest rate on the issue date is 95, the bonds will issue at 751.360. Required: 1. Fill in the blanks in the amortization schedule below (Round your answers to the nearest dollar amount. Enter all amounts os positive values.) 00:53:27 Date Cash Paid Change in Interest Expense Carrying Value Carrying Value BOOK 01/01/2021 03/30/2021 12/31/2021 2. Record the bond issue on January 1 2021, and the first two semi-annual interest payments on June ao, 2021 and December 31 2021 of no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction is Journal entry worksheet + > Record the bond issue on January 1, 2021
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