on January 1, 2021 a company issued $770,000 of a percent bonds due in 10 years with interest people semi annually on June 30 and December 31 each year. assuming the market interest rate on the issue date is 7% the Barnesville issue at $824,718.

On January 1, 2021, a company i5sues $710,000 of 8% bonds, due in ten years, with interest poyoble semiannuoly on June 30 -and Deceriber 3t each year, Assurring the market interest rate on the issue date is 79 , the bonds will issue at $824718 Required: a. Fili in the blanks in the amortization schedule below: (Round your answers to the nearest dollar amount) 2021, (io no emty is required foc a particular transaction/event, select "No Journat Entry Required" in the firat account fieidi Pound your anwwers to the nearest dollar amount.) b. Recond the bond issue on January 1, 2021, and the first two semi-annual interest poyments on June 30, 2021, and Dicember 31. 2021 if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Rounid your answers to the nearest doliar amount.) Journal entry worksheet Hecons the bond iswee on lanuary 1,2021