adjusting entry

On July 1, 2021, Vaughn Satellites Corporation issued $1,800,000 of 10 -year, 9% bonds to yield a market interest rate of 8%, The bonds pay semi-annual interest on July 1 and January 1. Vaughn has a December 31 year end and records adjusting entries annually Vaughn received $1,922,319 when issuing the bonds. Click here to view the factor table. (a) Prepare an amortization table through January 1, 2023 (three interest periods) for this bond is sue. (Round oll amaunts to the: nearest dollar, e.s. 5,275.) Prepare an amortization table through January 1, 2023 (three interest periods) for this bond issue. (Round all amounts to the nearest dollar, eg. 5,275.) repare an amortization table through January 1, 2023 (three interest periods) for this bond issue. (Round all amounts to the leorest dollar, eg 5,275.) 6) Your answer is partially correct. Prepare the adjusting entry on December 31, 2021, to accrue the interest on the bonds. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Round all amounts to the nearest dollar, eg. 5,272.)