On May 1, 2015, Brussels Enterprises issues bonds dated January 1, 2015, that have a $1,800,000 par value, mature in 20 years, and pay 10% interest semiannually on June 30 and December 31. The bonds are sold at par plus four months accrued interest.

******How much accrused intest do the bond purchasers pay Brussells on May 1, 2015 2.) Prepare brussels journal entires to record the issurance of bonds on May 1st, 2015; (b) the first interest payment on June 30, 2015; and (c) the second interest paymet on December 31, 2015.

Ellis issues 7.5%, five-year bonds dated January 1, 2015, with a $590,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $627,746. The annual market rate is 6% on the issue date.

(1) Complete the below table to calculate the toal bond interest expense over the bonds life: Perpare a straight-amortization table for the bonds slife

3: record the first interest payment on jUNE 30. 2015