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please do all Exct 0 W Required Information Problem 10-5A Straight-Line: Amortization of bond premium and discount LO P1, P2, P3 The following information applies

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Exct 0 W Required Information Problem 10-5A Straight-Line: Amortization of bond premium and discount LO P1, P2, P3 The following information applies to the questions displayed below) 063 Legacy issues 5610,000 of 6.5% four-year bonds dated January 1, 2018, that pay Interest semiannually on June 30 and December 31. They are issued at $579 203, and their market rate is 896 at the issue date Toto o 18 | Problem 10-5A Part 3 3. Prepare a straight line amortization table for the bonds Srst two years (Round your answers to the nearest whole dollar amount.) Seminarst namord Carrying Period End Discount Value 01/01/2018 06/30/2018 12312018 2019 121/2019 Required information Problem 10-SA Straight-Line: Amortization of bond premium and discount LO P1, P2, P3 The following information s to the questions displayed below Legacy issues 5610.000 of 6.5 four year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31 They are issued at $579,203, and the market rate at the issue date Problem 10-5A Part 4 4. Prepare the journal entries to record the first two interest payments Journal entry worksheet Record the interest payment and amortization on June 30, 2018 Debit Credit 30 2018 Wondwerper bon ite Clear edy | Problem 10-6A Installment notes LO C1 On November 1, 2018, Norwood borrows $530,000 cash from a bank by signing a five year installment note bearing 5% Interest. The note requires equal total payments each year on October 31 (table B1, Table B 2. Table B3, and Table B4) (Use appropriate factor(s) from the tables provided.) Required: 1. Complete the below table to calculate the total amount of each installment payment Initial Cash Proceeds PV Factor Amount of annual 2. Complete an amortization table for this installment note. period Ending Date Beginning Balance Debit interest Expense Debit Notes Payable Credit Cash Ending Balance 10312019 10/31/2020 10/31/2021 1031/2022 101023

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