On June 30, 2018, the market interest rate is 5%. Winner Corporation issues S950.000 of 9%, December 31. The company amortizes bond premium using the effective-interest method Read the requirements 20-year bonds payable. The bonds pay interest on June 30 and nt 1. Use the PV function in Excel to calculate the issue price of the bonds. ( Requiremen The issue price of the bonds is $ Requirement 2. Prepare an amortization table for the first four semiannual interest periods. Round your answer to the nearest whole dollar.) Enter the issue date information, then complete the table for each of the following semiannual interest periods. (Round your answers to the nearest whole dollar) Winner Corporation Amortization Table Premium Premium Account Bond Carrying Amortization Semiannual Interest Interest Interest Period Pavment Expense Balance Amount Choose from any list or enter any number in the input fields and then continue to the next question. On June 30 2018, the market interest rate is 5%, winner Corporation issues $950 000 of 9%, 20-year bonds payable. The bonds pay December 31. The company amortizes bond premium using the effective-interest method Read the requirements interest on June SO and Premium Premium Account Bond carrying Amortization interest interest Interest Period Jun 30, 2018 Dec 31, 2018 Jun 30, 2019 Dec 31, 2019 Jun 30, 2020 Payment Expense Balance Amount 3. Record the issuance of bonds payable on June 30, 2018; the payment of interest on December 31, 2018, and the payment of 2019. (Record debits first, then credits. Exclude explanations from all journal entries,) Sitart hw recnedina the issuuance of the honds on kn 30 201A On June 30, 2018, the market interest rate is 5%. Winner Corporation issues S950.000 of 9%. December 31. The company amortizes bond premium using the effective-interest method. Read the requirements 20-year bonds payable. The bonds pay interest on June 30 and Requirement 3. Record the lssuance of bonds payable on June 30, 2018; the payment of interest on December 31, 2018; and the payment of interest on June 30, 2019. (Record debits first, then credits. Exclude explanations from all journal entries.) Start by recording the issuance of the bonds on June 30, 2018. Journal Entry Date Accounts Debit Credit Jun 30, 2018 On June 30, 2018, the market interest rate is 5%. Winner Corporation December 31. The company amortizes bond premium using the effective-interest method. issues $950,000 of %, 20-year bonds payable. The bonds pay interest on June 30 and Read the requirements Record the semiannual interest payment on June 30, 2019. Journal Entry Date Accounts Debit Credit Jun 30, 2019
