Quiz: Online Marked Quiz 8: Chapter 8 LTL mis Question: 20 pts 6 of 30 (5 complete) Sube This Quiz: 100 pts p General Autoparts Inc, issued $130,000 of 5%, 10-year bonds at a price of 82 on January 31, 2017. The market interest rate at the date of issuance was 7%, and the standard bonds pay interest semi-annually 1. Prepare an effective interest amortization table for the bonds through the first three interest payments. 2. Record General's issuance of the bonds on January 31, 2017 and payment of the first semi-annual interest amount and amortization of the bonds on July 31, 2017. Explanations are not required 1. Prepare an effective interest amortization table for the bonds through the first three interest payments (Round your answers to the nearest whole dollar.) General Autoparts Amortization Table Bond Interest Expense (3.5% of Preceding Bond Carrying Amount) Bond Discount Amortization Bond Discount Account Balance (Preceding D.C) Carrying Amount $130,000 ) Interest Payment Semi-annual (2.5% of Interest Date Maturity Value) Jan 31, 2017 July 31, 2017 Jan 31, 2018 July 31, 2018 2. Record Genera not required) suance of the bonds on January 31, 2017 and payment of the first semi-annual interest amount and amortization of the bonds on My 31, 2017 (Record debits first, then credits. Explanations are Start 2017 Choose from any list of enter any number in the input fields and then continue to the next question COMM MS Winter 2020 Quiz: Online Marked Quiz 8: Chapter 8 LTL This Question: 20 pts of 3015.com General Autoparts 1. Prepare an e 2. Record Genera 5130.000 s ta t o t -year bonds price of 82 on January 31, 2017. The market interest rate at the date of and h andando e for the bonds through the street payments r 2017 of the manuales amount and moon of the bond on July 31, 2017 July 31, 2018 2. Record Gere not required) c e or bonda d e se annual rest amount and action of the body Stay congress of bond 31 2017 Record a ry 31, 2017 Debit Credit