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Exercise 9-11 (Algo) Record bonds issued at a discount and related semiannual interest (LO9-5) [The following information applies to the questions displayed below.] On January
Exercise 9-11 (Algo) Record bonds issued at a discount and related semiannual interest (LO9-5) [The following information applies to the questions displayed below.] On January 1,2024 , Splash City issues $490,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $450,092. 1. Complete the first three rows of an amortization schedule. (Round your intermediate and final answers to the nearest whole dollar.) Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet 3 Record the first semiannual interest payment. Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits
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