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Prepare an amortization table through December 31, 2027 (three interest periods), for this bond issue. (Round answers to 0 decimal places, e.g. 125.) Prepare the
Prepare an amortization table through December 31, 2027 (three interest periods), for this bond issue. (Round answers to 0 decimal places, e.g. 125.) Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2026. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125.) Prepare an amortization table through December 31, 2027 (three interest periods), for this bond issue. (Round answers to 0 decimal places, e.g. 125.) Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125.) e List of Accounts Prepare the journal entry to record the payment of interest on January 1, 2026. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125.) On January 1, 2025, Swifty Corporation issued $1,810,000 face value, 6%,10-year bonds at $1,682,873. This price resulted in an effective-interest rate of 7% on the bonds. Swifty uses the effective-interest method to amortize bond premium or discount. The oonds pay annual interest January 1. Prepare the journal entry to record the issuance of the bonds on January 1, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
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