Problem 10-1A Straight-Line: Amortization of bond discount LO P2 5 1428 points 00421 Hillside issues $2.700,000 of 7%, 15 year bonds dated January 1, 2019, that pay interest semanually on June 30 and December 31 The bonds are issued at a price of $2 33310 Required 1. Prepare the January 1 journal entry to record the bords'issuance. 2) For each semiannual period, complete the table below to calculate the cash payment 2 For each semannual period, complete the table below to calculate the straight-ine discount amortization 21c) For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonde 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg! Reg 2 to 20 Req3 Regs Prepare the January 1 journal entry to record the bonden View action ist Journal entry worksheet Record the issue of bonds with a par value of $2,700,000 cash on May 1, 2019 at an issue price of $2,333,101. hot terbaru Det Date January 01 Crede Problem 10-1A Straight-Line: Amortization of bond discount LO P2 5 1428 points 00421 Hillside issues $2.700,000 of 7%, 15 year bonds dated January 1, 2019, that pay interest semanually on June 30 and December 31 The bonds are issued at a price of $2 33310 Required 1. Prepare the January 1 journal entry to record the bords'issuance. 2) For each semiannual period, complete the table below to calculate the cash payment 2 For each semannual period, complete the table below to calculate the straight-ine discount amortization 21c) For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonde 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg! Reg 2 to 20 Req3 Regs Prepare the January 1 journal entry to record the bonden View action ist Journal entry worksheet Record the issue of bonds with a par value of $2,700,000 cash on May 1, 2019 at an issue price of $2,333,101. hot terbaru Det Date January 01 Crede