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On January 1, 2021, a company issues $770,000 of 8% bonds, due in eleven years. with interest payable semiannually on June 30 and December 31
On January 1, 2021, a company issues $770,000 of 8% bonds, due in eleven years. with interest payable semiannually on June 30 and December 31 each yeat, Assuming the market interest rate on the issue date is 9%, the bonds will issure at $716,930 Required: 1. Fill in the blanks in the amortization schedule below: (Round your answers to the neorest dollor amount. Enter all amounts as positive values.) 2. Record the bond issue on January 1, 2021, and the first two semi-unnual interest payments on June 30, 2021, and December 31. 2021. (If no entry is required for a particulor transoction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollor amount.) Journal entry worksheet 2. 3 Record the bond ispeje on January 1,2021 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 o porticular transoctionlevent, select "No Joumal Entry Required" in the first occount field. Roun your answers to the neorest dollar omount.) Journai entry worksheet 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 tronsaction/event, select "No Journal Entry Required" in the first account field. Ro your answers to the nearest dollar amount.) Journal entry worksheet Record the semi-annual interest payment on December 31,2021. Noter tneer debes before credita
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