Problem 14-2A (Algo) Straight-Line: Amortization of bond premium LO P3 The bonds are issued at a price of $1,835,994 Required: 1. Prepare the January journal entry to record the bonds' issuance. 210) For each semiannual period, complete the table below to calculate the cash payment 2(6) For each semiannual period, complete the table below to calculate the straight-line premium amortization 210 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 bonds' life 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 1 Req 2A to 20 Reg 3 Reg 4 Reg 5 Prepare the January 1 journal entry to record the bonds' Issuance. View transaction list Journal entry worksheet Required information Req1 Req 2A to 20 Reg 3 Req 4 Reg 5 Prepare the January 1 journal entry to record the bonds' Issuance. View transaction list Journal entry worksheet Complete this question by entering your answers in the tabs below. Req3 Reg 4 Reg 5 ces Reg 1 Reg 2 to 20 Complete the below table to calculate the total bond interest expense to be recognized over the bonds life. Total tond interest expense over life of bonds: Amount repaid payments of Par value at matunity Total repaid Loss amount borrowed Total bond interest expense 0 0 Complete this question by entering your answers in the tabs below. Reg 4 Reg 5 Reg 1 Reg 2A to 20 Reg 3 Prepare the first two years of a straight-line amortization table. (Round your intermediate and final answers to the nearest whole dollar.) Carrying Value End Serniannual Period Unamortized Premium 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 2c Reg 3 Reg 4 Req5 N Prepare the journal entries to record the first two interest payments. (Round your intermediate and final answers to the nearest whole dollar) View transaction list Journal entry worksheet Record the first interest payment on June 30, Noter Enter debits before credits General Joumal Debit Credit Date June 30 Journal entry worksheet Complete this question by entering your answers in the tabs below. Req3 Reg 4 Reg 5 ces Reg 1 Reg 2 to 20 Complete the below table to calculate the total bond interest expense to be recognized over the bonds life. Total tond interest expense over life of bonds: Amount repaid payments of Par value at matunity Total repaid Loss amount borrowed Total bond interest expense 0 0 Complete this question by entering your answers in the tabs below. Reg 4 Reg 5 Reg 1 Reg 2A to 20 Reg 3 Prepare the first two years of a straight-line amortization table. (Round your intermediate and final answers to the nearest whole dollar.) Carrying Value End Serniannual Period Unamortized Premium 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 2c Reg 3 Reg 4 Req5 N Prepare the journal entries to record the first two interest payments. (Round your intermediate and final answers to the nearest whole dollar) View transaction list Journal entry worksheet Record the first interest payment on June 30, Noter Enter debits before credits General Joumal Debit Credit Date June 30 Journal entry worksheet
