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On January 1, 2019. Company C. issued five-year bonds with a face value of $500,000 and a coupon interest rate of 6%, with interest payable

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On January 1, 2019. Company C. issued five-year bonds with a face value of $500,000 and a coupon interest rate of 6%, with interest payable semi-annually. 1. Prepare a partial bond amortization table for the first two interest payments assuming that interest is paid on July 1 and January 1 and that the bonds sold based on the following scenario 2. Record the journal entries relating to the bonds on January 1, July 1, and December 31 Market Rate 5% (Received $521,881 for the bond) Market Rate 5% (Received $521,881 for the bond) Student's response to Q3 (only answers provided in box below will be marked) Semi Interest Interest To Premium Unamortized annual Expense be Paid Amortization Premium Interest Periods Bond Carrying Amount Jan 1 2018 Jul 1 2018 2019 Journal Entries below

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