Required information Exercise 9-88 Record bonds issued at a discount and related semiannual interest (L09-5) [The following information applies to the questions displayed below On January 1 Year 1 a company issues $340,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year Assuming the market interest rate on the issue date is 10%, the bonds will issue at $310,831. Exercise 9-88 Part 1 Required: 1. Complete the first three rows of an amortization table. (Round your intermediate and final answers to the nearest whole dollar.) Change in Interest Expense Carrying Value Date Cash Paicd Carrying Value 1/1Year 1 6/30/Year 1 12/31/Year 1 2. Record the bond issue on January 1, Year 1, and the first two semiannual Interest payments on June 30, Year 1, and December 31 Year 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate and final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the bond issue. Note: Enter debits before credits Date Dobit Credit General Journal January 01 2. Record the bond issue on January 1, Year 1, and the first two semiannual interest payments on June 30, Year 1, and December 31, 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" In the first account field. Round your intermediate and final answers to the nearest whole dollar.) 12 View transaction list Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before credits Date General Journal Debit Credit June 30 4of Next> 2. Record the bond issue on January 1, Year 1, and the first two semiannual interest payments on June 30, Year 1, and December 31, Year 1. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate and final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits Date General Journal December 31 K Prex of 6Next >