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8 O Part 2 of 5 Required Information Problem 10-10AB Effective Interest: Amortization of bond; retiring bonds LO P1, P4, P5, P6 [The following information

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8 O Part 2 of 5 Required Information Problem 10-10AB Effective Interest: Amortization of bond; retiring bonds LO P1, P4, P5, P6 [The following information applies to the questions displayed below) Ike Issues $180,000 of 11%, three-year bonds dated January 1, 2018, that pay Interest semiannually on June 30 and December 31. They are issued at $184,566. Thelr market rate is 10% at the issue date. 2 points Spoed Problem 10-10AB Part 2 Book motorences Print References 2. Complete the below table to calculate the total bond Interest expense to be recognized over the bonds if Total bond Interest expense over life of bonds Amount repaid payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expenso $ 0 9 Part 3 of 5 Required Information Problem 10-10AB Effective Interest: Amortization of bond; retiring bonds LO P1, P4, P5, P6 [The following information applies to the questions displayed below) like Issues $180,000 of 11%, three-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $184,566. Their market rate is 10% at the Issue date. 2 points Skipped Problem 10-10AB Part 3 Book Print 3. Prepare an effective interest amortization table for the bonds' first two years. References Cash Interest Bond Interest Paid Expense Premium Amortization Unamortized Premium Carrying Value Semiannual Interest Period-End 01/01/2018 06/30/2018 12/31/2018 06/30/2019 12/31/2019 10 0 Part 4015 Required Information Problem 10-10AB Effective Interest: Amortization of bond; retiring bonds LO P1, P4, P5, P6 [The following information applies to the questions displayed below) Ike issues $180,000 of 11%, three-year bonds dated January 1, 2018, that poy Interest semiannually on June 30 and December 31. They are issued at $184,566. Their market rate is 10% at the Issue date. 2 points Swed Problem 10-10AB Part 4 4. Prepare the journal entries to record the first two Interest payments. rences View transaction ist Journal entry worksheet

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