On January 1, 2021. Bradley Recreational Products issued $100,000,9%, four-year bonds. Interest is paid semiannually on June 30 anc December 31. The bonds were issued at $96,768 to yield an annual return of 10%. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2023 by each of the two approaches. 5. Assuming the market rate is still 10%, what price would a second Investor pay the first investor on June 30, 2023, for $10,000 of the bonds? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required Prepare an amortization schedule by the straight-line method. (Do not round intermediate calculations. Enter your answers in whole dollars.) Payment Number Cash Payment Recorded Interest Increase in Balance Carrying Value 1 4,500 4500 2 4 5 3 7 Totals $ 0.00015 Required Required 3 > On January 1, 2021. Bradley Recreational Products issued $100,000. 9%, four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $96,768 to yield an annual return of 10%. (FV of $1, PV of $1. FVA of $1, PVA of $1. FVAD of $1 and PVAD of $13 (Use appropriate factor(s) from the tables provided.) Required 1. Prepare an amortization schedule that determines interest at the effective interest rate, 2. Prepare an amoruzation schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. 5. Assuming the market rate is still 70%, what price would a second Investor pay the first investor on June 30, 2023, for $10,000 of the bonds? Complete this question by entering your answers in the tabs below. Required Required 2 Requird 3 Required Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. (If no entry is required for a transaction/event select "No journal entry required in the first account field. Enter your answers in whole dollars.) Vlow transaction that Journal entry worksheet 2 Record interest expense on June 30, 2023, by the effective interest method. ter Event General Journal Debit Credit Prey 3 r 8 } Next > here to search D 1 6 On January 1, 2021. Bradley Recreational Products issued $100,000,9%. four-year bonds. Interest is paid semiannually on June 30 and December 31. The bonds were issued at $96,768 to yleld an annual return of 10%. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare an amortization schedule that determines interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method. 3. Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. 5. Assuming the market rate is still 10%, what price would a second investor pay the first investor on June 30, 2023. for $10,000 of the bords? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Required 5 Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches. (If no entry is required for a transactiondevent select "No journal entry required in the first account field. Enter your answers in whole dollars.) View transaction ent Journal entry worksheet 2 Record interest expense on June 30, 2023, by the straight line method. er base credits Event General Journal Debit Credit 2 On January 1, 2021. Bradley Recreational Products Issued $100,000,9%, four-year bonds, Interest is pald semiannually on June 30 and December 31. The bonds were issued at $96,768 to yield an annual return of 10%. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 1. Prepare an amortization schedule that determines Interest at the effective interest rate. 2. Prepare an amortization schedule by the straight-line method 3. Prepare the journal entries to record interest expense on June 30, 2023, by each of the two approaches 5. Assuming the market rate is still 10%, what price would a second Investor pay the first investor on June 30, 2023. for $10,000 of the bonds? Complete this question by entering your answers in the tabs below. Required Required 2 Required 3 Required Assuming the market rate is still 10%, what price would a second livesto pay the first investor on June 30, 2023, for $10,000 of the bonds? (Round your intermediate calculation and final answer to whole dollars.) Price of the bonds
