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Hillside issues $2,100,000 of 5%, 15-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31 The bonds are issued

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Hillside issues $2,100,000 of 5%, 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 $2,570,390 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 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 straightline 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. Reg1 Reg 2A to 20 Reg 3 Reg 4 Roq 5 Prepare the January 1 journal entry to record the bonds Issuance. View transaction list Journal entry worksheet Journal entry worksheet Second the issue of bonds with a part of 52.100.000 cash on January 1, 2009 at an issue price of 52 70 390 General Journal Debit Credit *** Reg 1 Req2A2C Reg 3 Reg4 Reg 5 For each semiannual period, compute (a) the cash payment, (b) the straight-line discount amortization, and (c) the bond interest expense. (Round "Unamortized Premium to whole dollar and use the rounded value for part 48. 5.) Show less 2(a) Par (maturity value Annual Rate Year Semiannual cash interest payment 2(b) Bond price Par maturity value) Premium on Bonds Payable Somiannual periods Straight line premium amortization 20) Semiannual cash payment Premium amortization Bond interest expenso Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Reg 3 Reg 4 Reg 5 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 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Reg 3 Reg 5 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 Reg 1 Reg 2A to 20 Reg 3 Reg 4 Reqs 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 2 Record the first interest payment on June 30, Note Enter debits before credits Goneral Journal Debit Credit Date June 30 Reg 1 Req 2A to 20 Reg 3 Reg 4 Reg 5 Prepare the journal entries to record the first two interest payments. (Round your final answers to the nearest whole dollar View transaction list Journal entry worksheet Record the second interest payment on December 31. Motel Enter debits before credits General Journal Debit Credit Date December 31

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