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Instructions Chart of Accounts General Journal Instructions Cramer Corp. issued $20,000,000 of 5 year, 9% bonds at a market (effective) interest rate of 10%, receiving

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Instructions Chart of Accounts General Journal Instructions Cramer Corp. issued $20,000,000 of 5 year, 9% bonds at a market (effective) interest rate of 10%, receiving cash of $19.227,757. Interest on the bonds is payable semiannually Required: Journalize the entry to record the first semiannual interest payment and the amortization of the bond discount, using the interest method 7 Round your answers to the nearest dollar amount. Refer to the Chart of Accounts for exact wording of countries Previous Net Emainstructors Test for Grade All work saved. Ana Accounts General Journal Instructions General Journal Journalize the entry to record the first semiannual interest payment, and the amortization of the bond discount on December 31, using the interest method? Round you answers to the nearest dollar amount. Refer to the Chart of Accounts for exact wording of accounties. PAGE 1 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES QUITY

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