part 1 and 2

Required information [The following information applies to the questions displayed below] On January 1, when the market interest rate was 9 percent, Seton Corporation completed a $260,000,8 per .ent bond issue for $243,312. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-interest method to amortize the bond discount. Required: 1.2. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31 . (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below] On January 1, when the market interest rate was 9 percent, Seton Corporation completed a $260,000,8 percent bond issue for $243,312. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-interest method to amortize the bond discount. 3. Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below] On January 1, when the market interest rate was 9 percent, Seton Corporation completed a $260,000,8 per .ent bond issue for $243,312. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-interest method to amortize the bond discount. Required: 1.2. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31 . (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar.) Required information [The following information applies to the questions displayed below] On January 1, when the market interest rate was 9 percent, Seton Corporation completed a $260,000,8 percent bond issue for $243,312. The bonds pay interest each December 31 and mature in 10 years. Assume Seton Corporation uses the effective-interest method to amortize the bond discount. 3. Prepare a bond discount amortization schedule for these bonds. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.)