Required Information Exercise 9.12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below]] On January 1, 2024, Splash City 155 ues $360,000 of 7% bonds, due in 10 years, with interest payable semlannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds will issue at $386.781 Exercise 9-12 (Algo) Part 1 Requlred: 1. Complete the first three rows of an amortzation schedule. (Round your final answers to the nearest whole dollar.) Requlred Information Exercise 9-12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed beiow] On January 1, 2024. Splash City issues $360.000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 6%, the bonds willissue at $386,781. Exercise 912 (Algo) Part 2 2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30,2024, and December 31 . 2024. (if no entry Is requited for a particular transoction/event, select "No Journal Entry Required" In the first occount fleld. Round our final answers to the nearest whole doller.) Journal entry worksheet Required informetion Exercise 912 (Algo) Record bonds issued ot a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below] On January 1,2024 , Splash Gity issues $360,000 of 78 bonds, due in 10 years; wht intered payable semitannually on June 30 and December 31 each year Assuming the market interest rate on the issue date 156% the bonds will issue at $386781 Exercise 9-12 (Algo) Part 2 2. Record the bond issue on January 1,2024, and the first two semlarnual interest payments on June 30, 2024, and December 31, 2024, (if no entry is required for a particulor transaction/event, select "No Joumel Entry Requlred" in the first account fleld. Round your finel onswers to the nearest whole dollor) Journal entry worksheet 32 Required Informotion Exercise 912 (Algo) Record bonds issued at a premium and related semiennual interest (LO9-5) [The following information applles to the questions displayed below] On January 1, 2024, Splash City 155ues $360.000 of 7\% bonds. due in 10 years. with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date 15.6%, the bonds will issue of 5385,781 Exercise 9-12 (Algo) Part 2 2. Record the bond issue on January 1, 2024, and the first two semiannual intetest payments on June 30, 2024, and December 31 . 2024. (If no entry Is required for a particuler transectlon/event, select "No Journel Entry Required" In the first eccount fleld. Ro your final answers to the nearest whole doller.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits
