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Bookmarks Window Help History For For 2013 And other Class Ma Exercise 9-T Fart 2. Record the bond issue on January 1.2015, and the frst

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Bookmarks Window Help History For For 2013 And other Class Ma Exercise 9-T Fart 2. Record the bond issue on January 1.2015, and the frst two semiannual interest payments June 30 2015, and Deoember 31, 2015. (ir no entry is required for a "No entry required" in the first account field.) Journal Entry Worksheet On January 1, 2015 years, with interest ansaction list each year. Assumin semiannually on une 30 and December 31 each year. Assuming the market interest rate on the issue date is January 01.2015 7%, the bonds will issue at $349,427. Record the issuance of the bond. 2. On January 1, 2015, Splash City issues $320,000 of 8% bonds, due in 15 years, semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds wat ssue at $349A27. Record the first semiannual interest payment. 3. On January 1, 2015, Splash Cty issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each yea Assuming the market interest rate on the issue date is 7%, the bonds will issue at $349,427. Record the second semiannual interest payment journal entry has been entered

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