Required information Problem 10-5A Straight-Line: Amortization of bond premium and discount LO P1, P2, P3 [The following information applies to the questions displayed below.] Legacy issues $710,000 of 8.0%, four-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $621,812, and their market rate is 12% at the issue date. Problem 10-5A Part 4 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet 2 Record the interest payment and amortization on June 30, 2018. Note: Enter debits before credits. Date General Journal Debit Credit Jun 30, 20185 int note bearing 596 Interest The he tables pro al: Big (Use appropriate factor(=) amortization table for this Installment note Debut Interest Experts 10312015 10 31/2020 1031/2021 10 312022 10 31/2023 B. Prepare the journal entries In which Norwood records the following: () Accrued Interest as of December 3\\ 2018 (the end of its annus reporting penoct. Journal entry worksheet Record the interest accrued f December 31, 2018. Caners De DE credit Doc 31, 2018 (b) The first annual payment on the note. Journal entry worksheet