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Required information Exercise 9-15 (Static) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below.]
Required information Exercise 9-15 (Static) 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 , White Water issues $600,000 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 will issue at $644,632. xercise 915 (Static) Part 1 equired: Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Required information Exercise 9-15 (Static) 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 , White Water issues $600,000 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 will issue at $644,632. xercise 9-15 (Static) Part 2 Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Roun our final answers to the nearest whole dollar.)
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