Required information (The following information eppiles to the questions displayed below) 42 On January 1 2018 Splash City issues $310 000 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 8%, the bonds will issue at $340,679. Required: ok 1. Complete the first three rows of an amortization table. aces Dato Cash Paid Interest Decrease in Expense Carrying Value Carrying Value 1/4/18 6/30/18 12/31/18 Required information The following information applies to the questions displayed below) On January 1, 2018, Splash City issues $310.000 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 8% the bonds will issue at $340,679. 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018 and December 31, 2018.(If no entry is required for a transaction/event, select "No joumal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 > Record the bond issue. Notel Enter debits before credits General Journal Delt Credit January 01. 2018 Record entry Clear entry Wew general journal Chapter 9 Homework Required Information The following formation applies to the questions displayed below) On January 1, 2018, Splash City issues $310,000 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 8% the bonds will issue at $340,679 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31 2018.(If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the first semiannual interest payment Note Enter debit before credits Date General Journal Debit Cred June 30, 2018 Record entry Clear entry View general journal Required information The following information applies to the questions displayed below! On January 1, 2018, Splash City issues $310,000 of 9% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuring the market interest rate on the issue date is 8%, the bonds will issue at $340,679 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018 and December 31 2018.41no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transactions Journal entry worksheet 1 2 3 > Record the second semiannual interest payment Notes interdire credits General Journal Debi Credit December 31, 2018 Record entry Clear entry View generala 2 Next >
