Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 The following information applies to the questions displayed below) Legacy issues $590,000 of 75%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $542,310 when the market rate is 10% Problem 10-4A Part 3 3. Prepare a straight-line amortization table for the bonds' first two years. Semiannual Period: Unamortized Carrying End Discount Value 01/01/2019 15 47,6905 542,310 06/30/2019 12/31/2019 06/30/2020 12/31/2020 Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 The following information applies to the questions displayed below.) Legacy issues $590,000 of 7,5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $542.310 when the market rate is 10% Problem 10-4A Part 4 4. Prepare the journal entries to record the first two interest payments. View transaction list View journal entry worksheet No Date June 30 Debit Credit General Journal Bond interest expense Discount on bonds payable U Cash ances 22,125 2 December 31 Bond interest expense Discount on bonds payable Cash 22,125