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imortize premium by interest method Shunda Corporation wholesales parts to appliance manufacturers, On January 1, Shunda issued $20,000,000 of 5 -year, 10% bonds at a

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imortize premium by interest method Shunda Corporation wholesales parts to appliance manufacturers, On January 1, Shunda issued $20,000,000 of 5 -year, 10% bonds at a market (effective) interest rate of 3\%, receiving cash of $21,622,179. Interest is payable semiannually. Shunda's fiscal year begins on January 1 . The company uses the interest method. Journalize the entries to record the following: 1. Sale of the bonds. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Chack My Work 2. First semiannual interest payment, including amortization of premium, Round to the nearest dollar. If an amount box does not require an entry, leave it biank, 3. Second semiannual interest poyment, including amortization of premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blonk, imortize premium by interest method Shunda Corporation wholesales parts to appliance manufacturers, On January 1, Shunda issued $20,000,000 of 5 -year, 10% bonds at a market (effective) interest rate of 3\%, receiving cash of $21,622,179. Interest is payable semiannually. Shunda's fiscal year begins on January 1 . The company uses the interest method. Journalize the entries to record the following: 1. Sale of the bonds. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Chack My Work 2. First semiannual interest payment, including amortization of premium, Round to the nearest dollar. If an amount box does not require an entry, leave it biank, 3. Second semiannual interest poyment, including amortization of premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blonk

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