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Hillside issues $1,700,000 of 8%, 15-year bonds dated January 1, 2017 that pay interest semiannually on June 30 and December 31 The bonds are issued

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Hillside issues $1,700,000 of 8%, 15-year bonds dated January 1, 2017 that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,468,990. points Dook Required: 1. Prepare the January 1, 2017, journal entry to record the bonds' issuance 2(a) For each semiannual period, complete the table below to calculate the cash payment 2(6) For each semiannual period, complete the table below to calculate the straight line discount amortization 2) 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 an amortization table using the straight line method 5. Prepare the journal entries to record the first two interest payments References 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 amortization 2(c) 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 an amortization table using the straight-line method. 5. Prepare the journal entries to record the first two interest payments. nits Complete this question by entering your answers in the tabs below. eBook Deferences Reg 1 Req 2A to 2C Req3 Req Reg 5 Reg 4 Prepare the first two years of an amortization table using the straight-line method. Semiannual Period: Unamortized Discount Carrying Value 01/01/2017 06/30/2017 12/31/2017 06/30/2018 T 12/31/2018

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