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On January 1, 2021, a company issues $740,000 of 6% bonds, due in ten years, with interest payable semiannually on June 30 and December 31

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On January 1, 2021, a company issues $740,000 of 6% bonds, due in ten years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $687.414. Required: 1. Fill in the blanks in the amortization schedule below. (Round your onswers to the nearest dollar amount. Enter all amounts as positive volues.) 2. 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 transoction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) 2. 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. Rouno your answers to the nearest dollar amount.) Journal entry worksheet Record the bond Issue on January 1, 2021. Wotel Enter debits before credita

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