Required information Problem 10-4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.] Legacy issues $660,000 of 5.5%, four-year bonds dated January 1, 2020, that pay interest semiannually on June 30 and December 31. They are issued at $648,412 when the market rate is 6%. Problem 10-4A (Algo) Part 4 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet

Required information Problem 10.4A (Algo) Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below] Legacy issues $660.000 of 5.5%, four-year bonds dated January 1,2020 , that pay interest semiannually on June 30 and December 31 They are issued ot $648,412 when the market rate is 6% Problem 10-4A (Algo) Part 4 4. Prepare the joumal entries to record the first two interest payments. Journal entry worksheet 2 Record the interest payment and amortization on June 30. Note: Enter debits before credits