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The folowing information applies to the questions dsplayed below On January t 2018, Universe of Fun Issues $870,000, 8% bonds that mature in 10 years

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The folowing information applies to the questions dsplayed below On January t 2018, Universe of Fun Issues $870,000, 8% bonds that mature in 10 years The market interest rate for bonds of sinde,Ok and maturity is 9%, and the bonds issue for tat3,415. nerest is paid semiannuaay on Are 30 and December 3t Required Information 175 points Required: 1. Complete the first hee rows of amortization schedule. Interest Incresse ring Value Expense Carrying Value Date Carrying Value 01/01/18 06/3018 231/18 References eBook & Resources Lcaming Objective: 09-06 Account for the issuance of bonds Worksheet Difsiouty: 3 Hard Check my.won Required Information 2.00 polnts 2. &3. Record the issuance of the bonds on January 1, the interest payments on June 30, and December 31, 2018. (f no journal entry first account field. Round your answers to the nearest is required for a transaction, select "No journal entry required" in the whole dollar amount) l Journal entry worksheet Record the bond issue. Note: Enter debits before credits Date General Joumal Debit Credit January 01, 2018

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