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Required: 1. Prepare the January 1. 2017, joumal entry to record the bonds issuance 2(a) For each semiannual penod. complete the table below to calculate
Required: 1. Prepare the January 1. 2017, joumal entry to record the bonds issuance 2(a) For each semiannual penod. complete the table below to calculate the cash payment 2 b) For each semiannual penod, complete the table below to calculate the straignt-ine premum amorization 21q For each semiannual penod, 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 ower the bonds life. 4. Prepare the first two years of an amortization table using the straight-ine method 5. Prepare the journal entries to record the first two Interest payments Complete this question by entering your answers in the tabs below. Req 1Req 2A to 2CReq 3 Req A Reg 5 Prepare the January 1, 2017, journal entry to record the bonds issuance Journal entry worksheet Record the issue of bonds with a par value of $4,000,000 on January 1. 2017 at an issue price of $4,895,980. Nots: Enter debits befors credits Jan 01, 2017 Record entry Clear entry View general joumal Req 2A to 2C>
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