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Required informotion The following information applies to the questions displayed below) On January 1,2024, Splash City issues $370,000 of 9% bonds, due in 20 years,

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Required informotion The following information applies to the questions displayed below) On January 1,2024, 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 amorization schedule (Round your intermediate and finel answers to the neorest whole dellor). Answer is complete but not entirely correct. Required informotion The following information appolies to the questions displayed belowj On January 1, 2024, Splash City issues $370,000 of 9% bonds, due in 20 years, wath interest payable semiannually on June 30 and December 31 each year Assuming the maket interest fate on the issue date is 10%, the bonds wil issue at $338,257. 2. Record the bond issue on January t,2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 2024 . If no entry is required for a particulor transaction/event, select "No Joumal Entry Required" in the first account field. Round your intermediate and final onswers to the nearest whole doller.) Pretzeimania. Incorporated issues 6%,10-year bonds with a face amount of $58,000 for $53,878 on January 1,2024 . The market interest rate for bonds of similar risk and maturity is 7%. Interest is paid semannualy on June 30 and December 31 Required: 1. \& 2. Record the bond issue on January 1,2024 and first interest payment on June 30,2024 . (if no entry is required for a particulor tronsoction/event, select "No Journal Entry Required" in the first occount field, Do not round your intermediate calculations. Round finol onswers to the nearest whole dollar.)

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