On January 1, 2022, Bramble Corporation issued $1,840,000 face value, 5%, 10- year bonds at $1,704,574. This price resulted in an effective-interest rate of 6% on the bonds. Bramble uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1.

Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1	enter an account title for the journal entry on January 1enter an account title for the journal entry on January 1	enter a debit amountenter a debit amount	enter a credit amountenter a credit amount
	enter an account title for the journal entry on January 1enter an account title for the journal entry on January 1	enter a debit amountenter a debit amount	enter a credit amountenter a credit amount
	enter an account title for the journal entry on January 1enter an account title for the journal entry on January 1	enter a debit amountenter a debit amount	enter a credit amountenter a credit amount

eTextbook and Media

List of Accounts

Attempts: 1 of 3 used

(b)

Prepare an amortization table through December 31, 2024 (three interest periods) for this bond issue. (Round answers to 0 decimal places, e.g. 125.)

BRAMBLE CORP. Bond Discount Amortization Effective-Interest MethodAnnual Interest Payments
Annual Interest Periods		Interest to Be Paid		Interest Expense to Be Recorded		Discount Amortization		Unamortized Discount		Bond Carrying Value
Issue date		$enter a dollar amount enter a dollar amount		$enter a dollar amount enter a dollar amount		$enter a dollar amount enter a dollar amount		$enter a dollar amount enter a dollar amount		$enter a dollar amount enter a dollar amount
1		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount
2		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount
3		enter a dollar amountenter a dollar amount		enter a dollar amountenter a dollar amount