Hillside issues $1800,000 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 $1,555,401 Required: 1. Prepare the January 1journal entry to record the bonds issuance 2a) For each semiannual period, complete the table below to calculate the cash payment 2b) For each semiannual period, complete the table below to calculate the straight-line discount amortization 2) For each semiannual period, complete the table beiow to caiculate 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. Req 1 Req 2A to 2C Req 3 Req 4 Req 5 Prepare the January 1 journal entry to record the bonds' issuance. View transaction list Journal entry worksheet 1 Record the issue of bonds with a par value of $1,800,000 cash on January 1, 2019 at an issue price of $1,555,401 ote tr deits before credts Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Req 2A to 2C Hillside issues $1,800,000 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 $1,555.401 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 2b) For each semiannual period, complete the tabie below to calculate the straight-line discount amortizetion 2c) 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. Req 2A to Req 1 Req 3 Req 4 Req 5 For each semiannual period, compute (a) the cash payment. (b) the straight-line discount amortization, and (c) the bond interest expense. Semiannual eash interest payment Par (maturity) value Annual Rate 2(a) Year Discount on Straight-line discount amortization Bonds price Semiannual periods 2b) Par (maturity) value Bonds Payable Semiannual cash Discount amortization Bond interest 2c) payment expense Req1 Req 3 Hillside issues $1800.000 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 $1,555,401 Required: 1. Prepare the January 1journal entry to record the bonds' issuance 2/a) For each semiannual period, complete the table below to calculate the cash payment 2b) 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 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. Req 1 Req 2A to 2C Req 4 Req 5 Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. Tolal bond interest expense over life of bonds: Amount repaid payments of Par value at maturity Total repaid Less amount borowed Total bond interest expense Req 4 Req 2A to 2C Hillside issues $1,800,000 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 $1,555.401 Required: 1. Prepare the January 1journal entry to record the bonds issuance. 2a) 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. 2c) 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. Req 1 Req 2A to 2C Req 3 Req 5 Prepare the first two years of a straight-line amortization table. Semiannual Period- End Unamortized Discount Carrying Value 01/01/2010 00/30/2019 12/31/2010 06/30/2020 12/31/2020 Req 3 Req 5 Hillside issues $1800,000 of 7 % , 15-year bonds dated January 1, 2019, thet pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,555.401 Requlred 1. Prepare the January 1 journeal entry to record the bonds issuance. 2a) For each semiannual period, complete the table below to calculate the cash payment 2b) For each semiannual period, complete the table below to celculate the straight-line discount amortization 2i) 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' Iife 4. Prepare the first two years of a straight-line amortization table 5. Prepare the jounal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Req 3 Reg 1 Req 2A to 2C Req 4 Raq 5 Prepare the journal entries to record the first bro interest payments Viw transacion list Journal entry worksheet 2 Record the first interest payment on June 30. Note: Eer debis beureedts Date Debit General Journal Credit June 30 Red nry Clear nry Vw gal ua Reg4