Required information [The following information applies to the questions displayed below.) Hillside issues $1,600,000 of 9%, 15-year bonds dated January 1, 2020, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,958,394. Required: 1. Prepare the January 1 Journal entry to record the bonds' Issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment 21b) For each semiannual period, complete the table below to calculate the straight-line premium amortization. 2 For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg 1 Req 2A to 20 Req3 Reg 4 Reg 5 Prepare the January 1 journal entry to record the bonds' issuance. Required information I Wie wie w II IVAN www. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Reg 3 Reg 4 Req5 Prepare the January 1 journal entry to record the bonds' Issuance. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $1,600,000 cash on January 1, 2020 at an issue price of $1,958,394 Note: Enter debits before credits Date General Journal Debit Credit January 01 Record entry Clear entry View general Journal Reg 1 Req 2A to 2C> Required information The following information applies to the questions displayed below) Hillside issues $1,600,000 of 9%, 15-year bonds dated January 1, 2020, that pay interest semiannually on June 30 and December 31 The bonds are issued at a price of $1.958,394 Required: 1. Prepare the January 1 journal entry to record the bonds' Issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment. 2[6) For each semiannual period, complete the table below to calculate the straight-line premium amortization 21 For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table, 5. Prepare the journal entries to record the first two Interest payments Complete this question by entering your answers in the tabs below. Req1 Reg 2A to 20 Req Reg 4 Reg 5 For each semiannual period, compute (a) the cash payment, (b) the straight-line premium amortization, and (c) the bond interest expense. (Round your final answers to the nearest whole dollar) 2(a) Year Par (maturity) value Annual Rate Semiannual cash Interest payment Bond price Par (maturity value) 2(b) Premium on Bonds Payable Semiannual periods Straight-line premium amortization 210) Semiannual cash payment Premium amortization Bond interest expense ! Required information [The following information applies to the questions displayed below.) Hillside issues $1,600,000 of 9%, 15-year bonds dated January 1, 2020, that pay Interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,958,394 Required: 1. Prepare the January 1 Journal entry to record the bonds' Issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment 2(b) For each semiannual period, complete the table below to calculate the straight-line premium amortization 2 For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table, 5. Prepare the journal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 20 Req3 Reg 4 Reqs Complete the below table to calculate the total bond interest expense to be recognized over the bonds life. Total bond Interest expense over life of bonds Amount repaid payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense 0 $ 0 Required information [The following information applies to the questions displayed below.) Hillside issues $1,600,000 of 9%, 15-year bonds dated January 1, 2020, that pay Interest semiannually on June 30 and December 31 The bonds are issued at a price of $1,958,394 Required: 1. Prepare the January 1journal entry to record the bonds' issuance. 2(a) For each semiannual period, complete the table below to calculate the cash payment 2(6) For each semiannual period, complete the table below to calculate the straight-line premium amortization. 2 For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg 1 Reg 4 Reg 2 to 20 Req3 Reg 5 Prepare the first two years of a straight-line amortization table. (Round your intermediate and final answers to the nearest whole dollar) Carrying Value Semlannual Period- Unamortized End Premium 01/01/2020 06/30/2020 12/31/2020 06/30/2021 12/31/2021 CAFA RAAH RAMA RAHIA math Amantian Required information 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg 1 Req ZA to 20 Req3 Req 4 Reg 5 Prepare the journal entries to record the first two interest payments. (Round your intermediate and final answers to the nearest whole dollar) View transaction list Journal entry worksheet 2 > Record the first interest payment on June 30, Note: Enter debits before credits Goneral Journal Debit Credit Date June 30 Record entry Clear entry View general Journal