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Need help with these ASAP!!! Required information [The following information applies to the questions displayed below.) On January 1, 2018, Splash City issues $300,000 of

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Required information [The following information applies to the questions displayed below.) On January 1, 2018, Splash City issues $300,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $322,317 Required: 1. Complete the first three rows of an amortization table. Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value 1/1/18 6/30/18 12/31/18 [The following information applies to the questions displayed below.) On January 1, 2018, Splash City issues $300,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $322,317. 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 Record the bond issue. Note: Enter debits before credits. General Journal Debit Credit Date January 01, 2018 Journal entry worksheet

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