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HelpSave & E Hillside issues $1.300.000 of 7%. 15 year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31

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HelpSave & E Hillside issues $1.300.000 of 7%. 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 $1,591194 Required: 1. Prepare the January 1 journal entry to record the bonds issuance 2[0) For each semiannual period, complete the table below to calculate the cash payment 26) For each semiannual period, complete the table below to calculate the straight-line premium amortization 21c) For each semiannual 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. Prepare the first two years of a straight line amortization table. 5. Prepare the journal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Reg 3 Reg 4 Reg 5 Prepare the January 1 journal entry to record the bonds Issuance. View transaction list Journal entry worksheet Viewractions Journal entry worksheet > Record the issue of bonds with a par Vale of $1,300,000 cash on January 1, 2010 at an issue price of $1.591,194 One Journal Debt Cid Date January Accounts payable Accounts receivable Accumulated depreciation Bond interest expense Bond interest payable Bonds Devable Record entry View generaluna Reg 2 to 20 ) 15 Next > Record the issue of bonds with a par value of $1,300,000 cash on January 1, 2019 at an issue price of $1,591,194. Note: Enter debits before credits Date General Journal Debit Credit January 01 Cash Common stock Contributed capital in excess of par value Depreciation expense Discount on bonds payable Record entry View general Journal Reg Req 2A to 2c> Pro 5 HH! Next > Reg 1 Req 2A to 20 Req 3 Req 4 Req 5 Prepare the January 1 journal entry to record the bonds' Issuance. View transaction list Journal entry worksheet Req 1 Req 2A to 20 Req 3 Req 4 Req 5 Prepare the January 1 Journal entry to record the bonds' Issuance. View transaction list Journal entry worksheet est expense to be recognized over the bonds' life. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Reg 3 Req 4 Req5 Complete the below table to calculate the total bond Interest expense to be recognized over the bonds' life. Total bond interest expense over life of bonds: Amount repaid: payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense 0 $ 0 Complete this question by entering your answers in the tabs below. Reg 1 Req 2A to 20 Reg 3 Reg 4 Req5 Prepare the first two years of a straight line amortization table. (Round your final answers to the nearest whole dollar amount.) Unamortized Premium Carrying Value Semiannual Period End 01/01/2019 06/30/2019 12/31/2019 06/30/2020 12/31/2020 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Req3 Reg 4 Reg 5 Prepare the journal entries to record the first two interest payments. (Round your final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet Record the first interest payment on June 30. Note: Enter debits before credits Dale General Journal Debit Credit June 30 Accounts payable Accounts receivable Accumulated depreciation Bond Interest expense Bond interest payable Record entry View general Journal Journal entry worksheet

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