Required information

[The following information applies to the questions displayed below.]

On January 1, 2021, Splash City issues $370,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 10%, the bonds will issue at $338,257.

2. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate and final answers to the nearest whole dollar.)

Please show work on how you got the numbers, thanks :)

Required information (The following information applies to the questions displayed below.) On January 1, 2021, Splash City issues $370,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 10%, the bonds will issue at $338,257. Required: 1. Complete the first three rows of an amortization table. (Round your intermediate and final answers to the nearest whole dollar.) Answer is complete and correct. Change in Date Cash Paid Interest Expense Carrying Value Carrying Value 1/1/21 6/30/21 12/31/21 $ 16,650 16,650 $ 16,913 16,926 $ | 263 276 $ 338,257 3 38,520 338,796 Required information [The following information applies to the questions displayed below.] On January 1, 2021, Splash City issues $370,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 10%, the bonds will issue at $338,257. 2. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your intermediate and final answers to the nearest whole dollar.) X Answer is not complete. No Debit Credit 1. 338,257 Date General Journal January 01, 2021 Cash Bonds Payable Premium on Bonds Payable 370,000 X 31,743 X June 30, 2021 Interest Expense Premium on Bonds Payable Cash 16,913 263 X 17,176 X December 31, 20 Interest Expense 16,926 276 X Premium on Bonds Payable Cash 16,650