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complete all parts. thanks Problem 10-1A Straight-Line: Amortization of bond discount LO P2 Hillside issues $1,100,000 of 9%, 15-year bonds dated January 1, 2019, that

complete all parts. thanks image text in transcribed
Problem 10-1A Straight-Line: Amortization of bond discount LO P2 Hillside issues $1,100,000 of 9%, 15-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $950,524 Required: 1. Prepare the January 1 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 discount amorization. 2(c) For each semianfual 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. Piepare the first two years of a straight fine amortization table. 5. Prepare the joumal entries to record the first two interest payments

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