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Check my w Required information The following information applies to the questions displayed below.] Ike issues $150,000 of 11%, three-year bonds dated January 1, 2019,
Check my w Required information The following information applies to the questions displayed below.] Ike issues $150,000 of 11%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $153,805. When the market rate is 10% 3. Prepare an effective interest amortization table for the bonds' first two years. Cash Interest Bond Interest Paid Expense Premium Amortization Unamortized Carving Valu Premium $ 3,805 $ 153,805 Semiannual Interest Period-End 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020 $ 8,2501 8.250 250 8,250 Required information (The following information applies to the questions displayed below.) 4 of 4 Ike issues $150,000 of 11%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $153,805. When the market rate is 10%. 4. Prepare the journal entries to record the first two interest payments. eBook View transaction list Print Journal entry worksheet Record the first interest payment on June 30. Note: Enter debits before credits El lol Denis Credit Required information Record the second interest payment on December 31. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal
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