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Che Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31 The bonds are

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Che Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $4,895,980. Required: 1. Prepare the January 1, 2018, journal entry to record the bonds' issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment. 2(b) For each semiannual period, complete the table below to calculate the straight-line premium amortization 2 For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of an amortization table using the straight-line method. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg1 Req 2A to 2C Reg 3 Reg 4 Prepare the first two years of an amortization table using the straight-line method. Semiannual Period- Unamortized Carrying End Premium Value 01/01/2018 06/30/2018 12/31/2018 06/30/2019 12/31/2019 n 3. Complete the below table to calculate the total bona interest expense to be recognizeu uver une bonas me. 4. Prepare the first two years of an amortization table using the straight-line method. 5. Prepare the journal entries to record the first two interest payments. 10 Complete this question by entering your answers in the tabs below. points Reg1 Reg 2A to 2C Reg 3 Reg 4 Reg 5 eBook Prepare the journal entries to record the first two interest pe 0 View transaction ist Journal entry worksheet References Record the first interest payment on June 30, 2018. Note: Enter debits before credits General Journal Debit Credit Date Jun 30, 2018 Record entry Clear entry View General ournal 3. Complete une below table to calculate the total bond interest expense to be recognized over the bonus we. 4. Prepare the first two years of an amortization table using the straight-line method. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. points Reg 1 Req 2A to 2C Reg 3 Reg 4 Reg 5 eBook Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet References Record the second interest payment on December 31, 2018. Note: Enter debits before credits Date General Journal Debit Credit Dec 31, 2018 Record entry Clear entry View general Journal

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