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required 5 only come Con Card Mortga... YouTube ignment from Chapter 10 Saved Help Save & Exit Check m Hillside issues $4,000,000 of 6%, 15-year
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come Con Card Mortga... YouTube ignment from Chapter 10 Saved Help Save & Exit Check m Hillside issues $4,000,000 of 6%, 15-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $3,456,448. Required: 1. Prepare the January 1, 2018, journal entry to record the bonds' issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment. 2(b) For each semiannual period, complete the table below to calculate the straight-line discount amortization. 2(C) 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 an amortization table using the straight-line 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 i Req 2A to 20 Req3 Reg 4 Reg 5 Prepare the journal entries to record the first two interest payments. (Round your answers to nearest whole dollar amount.) View transaction list View journal entry worksheet Credit No 1 Date Jun 30, 2018 General Journal Bond interest expense Discount on bonds payable Debit 1,382,579 217,421 Prey 1 of 1 !! Next > LILNIUT MENE: A... Indiana Michigan P... Sign in | Vectren My Print Center Credit Card, Mortga. YouTube signment from Chapter 10 Saved Help Save & Exit Check Complete this question by entering your answers in the tabs below. Req 1 Req 2A to 2C Reg 3 Req 4 Reg 5 Prepare the journal entries to record the first two interest payments. (Round your answers to nearest whole dollar amount.) View transaction list View journal entry worksheet Credit No 1 Date Jun 30, 2018 Jun 30, 2018 General Journal Bond interes Bond interest expense Discount on bonds payable Cash Debit 1,382,579 217,421 1,600,000Step by Step Solution
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