of 4 Required: 1. Prepare the January 1 Journal entry to record the bonds Issuance. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $630,000 on January 1, 2019 at an issue price of $571,310. Tences Note: Enter debits before credits General Journal Credit January 01 Record entry Clear entry View general journal 234 of 4 Next > Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 (The following Information applies to the questions displayed below.) Legacy issues $630,000 of 9.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $571,310 when the market rate is 12%. Problem 10-4A Part 2 2. Determine the total bond interest expense to be recognized over the bonds' life. Total bond Interest expense over life of bonds: Amount repaid payments of Par value at maturity Total repaid Less amount borrowed Total bond Interest expense Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.) Legacy issues $630,000 of 9.0%, four year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $571,310 when the market rate is 12% Problem 10-4A Part 3 3. Prepare a straight-line amortization table for the bonds' first two years. Carrying Value Samiannual Parod- Unamortized End Discount 01/01/2019 030/2010 12/31/2010 30/2020 12/31/2020