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On January 1, 2021, a company issues $730,000 of 10% bonds, due in nine years, with interest payable semiannually on June 30 and December 31

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On January 1, 2021, a company issues $730,000 of 10% bonds, due in nine years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $774,384. Required: a. Fill in the blanks in the amortization schedule below: (Round your answers to the nearest dollar amount.) Date Cash Paid Interest Expense Change in Carrying Value Carrying Value 01/01/2021 06/30/2021 12/31/2021 b. Record the bond issue on January 1, 2021, and the first two semi-annual interest payments on June 30, 2021, and December 31, 2021. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction liet Journal entry worksheet 1 3 Record the semi-annual interest payment on June 30, 2021 On January 1, 2021, a company issues $730,000 of 10% bonds, due in nine years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $774,384. Required: a. Fill in the blanks in the amortization schedule below: (Round your answers to the nearest dollar amount.) Date Cash Pald Interest Expense Change in Carrying Value Carrying Value 01/01/2021 06/30/2021 12/31/2021 b. Record the bond issue on January 1, 2021, and the first two semi-annual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2 Record the semi-annual interest payment on December 31, 2021

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