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Nicholas Rausch, Inc. issued $900,000 of 11%, six year bonds payable on January 1, 2018. The market interest rate at the date of issuance was

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Nicholas Rausch, Inc. issued $900,000 of 11%, six year bonds payable on January 1, 2018. The market interest rate at the date of issuance was 8%, and the bonds pay interest semiannually (Click the icon to view Present Value of $1 table) Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of S1 table.) Read the requirements. Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar) (Use the factor tables provided with factors rounded to three decimal places. Round all currenc amounts to the nearest dollar.) Upon issuance of the bonds payable, the company received Requirement 2. Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar.) Interest Expense Carrying Amount Cash Paid Amortized 01/01/2018 06/30/2018 12/31/2018 Requirement 3. Journalize the issuance of the bonds on January 1, 20:18, and the first and second payments of the semiannual interest amount and amortization of the bonds on June 30, 2018 and December 31 2018 enlanations are not renuired Radahil fitnes Flawlanan mom any inuman Choose from any list or enter any number in the input fields and then continue to the next

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