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Presented below is a partial amortization schedule for Discount Pizza (1) (2) Cat ad tor Interest Period Issue date 52450 2450 52.550 2.362 5100 112

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Presented below is a partial amortization schedule for Discount Pizza (1) (2) Cat ad tor Interest Period Issue date 52450 2450 52.550 2.362 5100 112 563.94 56.056 66.168 Required: 1. & 2. Record the bond issue and first interest payment assuming the face amount of bonds payable is $70,000. Of no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)

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