Required Information The following information applies to the questions displayed below) On January 1, 2021, Splash City issues $420,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $391,462. 19 Required: 1. Complete the first three rows of an amortization table (Round your Intermediate and final answers to the nearest whole dollar.) Cash Paid Interest Expense Change in Carrying Valoo Carrying Valor 1121 630721 12/31/21 Required Information The following information applies to the questions displayed below! On January 1, 2021, Splash City issues $420,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $391,462 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) View transaction list Journal entry worksheet 2 3 Record the bond issue Notar Enter debita balore credits in Required information The following information applies to the questions displayed below) On January 1, 2021, Splash City issues $300,000 of 7% bonds, due in 10 years, with interest payable semtarinually on June 30 and December 31 each year, Assuming the market interest rate on the issue date is 6%, the bonds will issue at $322,317 Required: 1. Complete the first three rows of an amortization table (Round your final answers to the nearest whole dollar) Dal Expense Octen Carrying Value Carrying Value 1/1/21 6/30/21 12/31/21 Required information The following information applies to the questions displayed below) On January 1, 2021. Splash City issues $300,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market Interest rate on the issue date is 6% the bonds will issue at $322,317 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 Meld. Round your final answers to the nearest whole dollar) View transaction list Journal entry worksheet
