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part 1 part 2 Required information Exercise 9-14B Record bonds issued at a discount and related annual interest (LO9.5) [The following information applies to the
part 1 part 2 Required information Exercise 9-14B Record bonds issued at a discount and related annual interest (LO9.5) [The following information applies to the questions displayed below] On January 1, Year 1 , a company issues $530,000 of 6% bonds, due in 20 years, with interest payable annually on December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $473,852. Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) 2. Record the bond issue on January 1, Year 1, and the first two interest payments on December 31, Yeat 1, and December 31, Year 2. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account fleld. Round your final answers to the nearest whole dollar.) Journal entry worksheet 3 Record the bond issue. Note: Enter debits before credits 2. Record the bond issue on January 1, Year 1, and the first two interest payments on December 31 , Year 1, and December 31, Year 2. (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet Record the first annual interest payment. Note: Linter debits before credits, 2. Record the bond issue on January 1, Year 1, and the first two interest payments on December 31, Year 1, and December 31, Year 2. IIf no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet Record the second annual interest payment. Note: Enter debits before credis
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