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Exam 2 - Chapters Y & O sve Required information The following information applies to the questions displayed below.) 35 Legacy issues $560,000 of 9.0%,

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Exam 2 - Chapters Y & O sve Required information The following information applies to the questions displayed below.) 35 Legacy issues $560,000 of 9.0%, four-year bonds dated January 1, 2017 that pay interest semiannually on June 30 and December 31. They are issued at $507,831 and their market rate is 12% at the issue date. Part 4 of 4 4. Prepare the journal entries to record the first two interest payments. View transaction list points 8 000246 Journal entry worksheet 12 Record the interest payment and amortization on June 30, 2017. Note: Enter debits before credits General Journal Debit Credit Date Jun 30, 2017 Record entry Clear entry View general Journal Required information The following information applies to the questions displayed below) Legacy issues $560,000 of 9.0%, four-year bonds dated January 1, 2017, that pay interest semiannually on June 30 and December 31. They are issued at $507,831 and their market rate is 12% at the issue date. 4. Prepare the journal entries to record the first two interest payments View transaction ist Journal entry worksheet Record the interest payment and amortization on December 31, 2017. Hote: Enter debits before redes General Journal Debit Credit Dec 31, 2017

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