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Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.) Legacy issues $670,000 of 6.0%,

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Required information Problem 10-4A Straight-Line: Amortization of bond discount LO P2 [The following information applies to the questions displayed below.) Legacy issues $670,000 of 6.0%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $624,896 when the market rate is 8%. Problem 10-4A Part 1 Required: 1. Prepare the January 1 journal entry to record the bonds issuance View transaction list Journal entry worksheet Record the interest payment and amortization on June 30. Notet Enter debits before credits Date Geostol Journal Debit Credit June 30 Record entry Clear entry View general journal

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