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On Jenuery 1, 2021, a company issues $730,000 of 10% bonds, due in nine years, with interest payable semiannually on June 30 and December
On Jenuery 1, 2021, a company issues $730,000 of 10% bonds, due in nine years, with interest payable semiannually on June 30 and December 31 Bech year Assuming the market interest rate on the issue date is 17%, the bonds will issue at $688,952. Required 1. Fill in the blanks in the amortization schedule below. (Round your answers to the nearest dollar amount. Enter all amounts as positive values Date Cash Paid Interest Expense Change in Cenying Ve Carying Viorice 01/012021 00/90/2021 1291/2021 2. Record the bond sue 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 et Journal entry worksheet < 2 3 Record the bond issue on January 1, 2021. Note: Enter debits before credits. Date January 01, 2021 General Journal Debit Credit Record entry Clear entry View general journal
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