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ndard Autoparts Inc is $140 000 at 5% 18-year bonds at a price of 85 on January 31, 2020. The market infest rate at
ndard Autoparts Inc is $140 000 at 5% 18-year bonds at a price of 85 on January 31, 2020. The market infest rate at the date of sancs was and the standard bunday tami-annually Prepare an effective interest amortization table for the bonds through the fest three interest payments 2. Record Standards issuance of the bonds on January 31, 2020, and payment of the first semi-annual instamount and amortization of the bands on July 31, 2020 Explanations are notquired 1. Prepare an affective-enteret amorization table for the bonds through the first three interest payments (Round your answers to the nearest whole doll Standard Autoparts Amortization Table C D Semi-annual Interest Date Jan 31 2020 Interest Payment Interest Expense 0.5% of Bond Discount 0.5% of Maturity Preceding Bond Carrying Amortization ( Value) Amount) A) 5653 Bond Discount Account Balance (Preceding D.C) Bond Carrying Amount 190.000 0 July 31, 2020 Jan 31, 2021 July 21, 2021 4756 4750 4750 2. Racord Standard'ssuance of the bonds on January 31, 2020 and payment of the first semi-annual interest amount and amoran of the boy 31, 2020 debts the crits Explanations are not required) Start by recording the issuance of bands on 312020 Date Jan 31:2020 Cash Accounts Debit Credit 150000 Now record the payment of the test saalistant and antzan of the ends on July 31, 212 Date Accounts Judy 31/2020terest Expense Bonds Payatie Debit Credt
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