To do:

Tables for reference.

1. Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.)
2. Requirement 2. Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar.)
3. Requirement 3. Journalize the issuance of the bonds on January 1, 2024, and the first and second payments of the semiannual interest amount and amortization of the bonds on June 30, 2024 and December 31, 2024. Explanations are not required.

Future Value of $1 table

Present Value of $1 table

Present Value of Ordinary Annuity of $1 table

Future Value of Ordinary Annuity of $1 table

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