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. Answer is complete but not entirely correct. Semiannual Unamortired Period-End Discount 01/01/2010 3 47.600 542.310 08.30/2010 4 1720 500 581 12/31/2010 35708 454 814 08302020 29.800 43500S 12/312020 23 345 411.103 De here to search 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 4 4. Prepare the journal entries to record the first two interest payments No 1 Date June 30 Answer is complete but not entirely correct. General Journal Bond interest expense Discount on bonds payable Cash Credit 5,901 22.125 2 December 31 10,164 Bond rest expense Discount on bonds payable Cash 5.001 22.125 ere to search