Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question 7 On January 1, a company purchased 6%, 15-year corporate bonds for $74,437,281 as an investment. The bonds have a face amount of $90 million and are priced to yield 8%. Interest is paid semiannually. 5.88 points Prepare a partial amortization table at the effective interest rate on June 30 and December 31. Prepare the journal entries necessary to record revenue at the effective interest rate on June 30 and December 31. Answer is not complete. Complete this question by entering your answers in the tabs below. Amort Table General Journal Prepare the journal entries necessary to record revenue at the effective interest rate on June 30 and December 31. (Enter your answers in whole dollars. Round your intermediate calculations to the nearest dollar amount. Round final answers to the nearest whole dollar If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Show less No Date General Journal Debit Credit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not Indicate completion. 7 Return to question Prepare a partial amortization table at the effective interest rate on June 30 and December 31 Prepare the journal entries necessary to record revenue at the effective interest rate on June 30 and December 31. 5.88 points Answer is not complete. Complete this question by entering your answers in the tabs below. Amort Table General Journal Prepare the journal entries necessary to record revenue at the effective interest rate on June 30 and December 31. (Enter your answers in whole dollars. Round your intermediate calculations to the nearest dollar amount. Round final answers to the nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Show less No Date General Journal Debit Credit Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return to 7 Prepare a partial amortization table at the effective interest rate on June 30 and December 31 Prepare the journal entries necessary to record revenue at the effective interest rate on June 30 and December 31 88 Dints Answer is not complete. Complete this question by entering your answers in the tabs below. Amort Table General Journal Prepare a partial amortization table at the effective interest rate on June 30 and December 31. (Round your intermediate calculations to the nearest dollar amount. Enter your answers in whole dollars. Round final answers to the nearest whole dollar) Cash Bond Discount Carrying Period-End Interest Interest Amortization Value Received Revenue January 1 $74,437,281 June 30 $ 2,700,000 $ 2.977,491 $ 277,491 74,714,772 December 31 2,700,000 2,988,591 288,591 75,003,363 Donna Lowa
