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Armstrong Generales Inc. is authored to $10.000 78, 10 yow bands on December 31, 2020, when the mare interest rates 8.6%, the company is $408.000

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Armstrong Generales Inc. is authored to $10.000 78, 10 yow bands on December 31, 2020, when the mare interest rates 8.6%, the company is $408.000 of the bands and receives tash of $300.113.A General montre bonds by the whether interest method. The winterest dates we January 31 and 1 Requirements 1. Prepare a bond merretion in forefrolour annual interest periode 2. Record me of the bond on December 31, 2020, and the woman internet payments on day 31, 2021, May 1, 2011 Requirement Pretend wortete e or the first foursomarnunteres perto (ound the wants to the nearest Gallery Armstrong General Stores Inc. Amortisation Table D E In Interest Expense Payment 14.3% of Discount Discount Account Bond Carrying Semi Annus (od Preceding Bond Amortization Balance Amount interest Date Face Carrying Amount 13-A) DC (14010000) Dec 31, 2020 Jan 31, 2021 July 31, 2001 Jan 31, 2022 31, 2002 Requirenient 2. Record issuance of the bonds on December 31, 2020, and the semi-annual rest payments on January 31, 2021, and July 31, 2021 Start by recording the issuance of the bonds on December 31, 2020. (Record debits first, then credits. Explanations are not required. Round the amounts to the nearest dollar) Jy 81 and July 31. Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods 2. Record issuance of the bonds on December 31, 2020, and the semi-annual interest payments on January 31, 2021, and July 31, 2021. Start by recording the issuance of the bands on December 31, 2020. (Record debits first, then credits. Explanations are not required. Round the amounts to the nearest dollar:) Journal Entry Date Accounts Debit Credit Dec 31 2020 Accounts Payable Bonds Payable Cash Record the first se Discount on Bonds Payable Interest Expense Interest Payable Date Premium on Bonds Payable Jan 31 2021 Debit Credit Record the second semi-annual interest payment on July 31, 2021 Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question. Record the first semi-annual interest payment on January 31, 2021. Journal Entry Date Accounts Debit Credit Jan 31 2021 Record the second semi-annual interest payment on July 31, 2021 Journal Entry Debit Accounts Credit Date July 31 2021 Armstrong General Stores in suhorned to issue 510.000 of 7.6%, 10-year bands On December 31, 2020, when the mortaliter, the company is $40.000 of the borde und ein Cash of $50,113. Armstrong General more bonds by the effective internal method. The semiannual merest dates are away 1 unday 31 Requirements Prepare a bond amortization table for the first four seamlerent periode. 2. Rence of the bonds on December 31, 2020, and the manual internet payments on January 31, 2021. und 31, 2001 SA Requirement. Prepare a bond totable for the first fourmiliere periods. Round the amounts to the nearest dollar) Armstrong General Stores in Amortization Table B E Expense Payment 43% Discount Discount Account Bond Carrying Semin (3.2% Preceding Band Amortation Balance Amount Date Face V) Carrying Amount ID-C) 5400.0000) Dec 31, 2020 Jan 31, 2021 31, 2021 Jan 31, 2022 July 21, 2002 Requirement 2. Recordance of the bonds on December 31, 2020, and the interesi payments on January 31, 2021, andy 31, 2021 Start by recording the ice of the bends on December 31, 2020 Record debit firat the credit pleins are not required. Round the amount to the nearest Journal Entry Choose from any listorante y number in the putties and then continue to the next question Armstrong General Stores Inc. is authorized to issue $510,000 of 7.6%, 10-year bonds. On December 31, 2020, when the market interest rate is 8.6%, the compa General amortizes bonds by the effective interest method. The semi-annual interest dates are January 31 and July 31. Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods. 2. Record issuance of the bonds on December 31, 2020, and the semi-annual interest payments on January 31, 2021, and July 31, 2021. Requirement 1. Prepare a bond amortization table for the first four semi-annual interest periods. (Round the amounts to the nearest dollar.) Armstrong General Stores Inc. Amortization Table B D E Interest Interest Expense Payment (4.3% of Discount Discount Account Bond Carrying Semi-Annual (3.8% of Preceding Bond Amortization Balance Amount Interest Date Face Value) Carrying Amount) (B-A) (D-C) ($400,000 -D) Dec 31, 2020 Jan 31, 2021 July 31, 2021 Jan 31, 2022 July 31, 2022 Requirement 2. Record issuance of the bonds on December 31, 2020, and the semi-annual interest payments on January 31, 2021, and July 31, 2021 Start by recording the issuance of the bonds on December 31, 2020. (Record debits first, then credits. Explanations are not required. Round the amounts Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question. Armstrong General Stores Inc. is authorized to issue $510,000 of 7.6%, 10-year bonds. On December 31, 2020, when the market interest rate is 8.6%, the co General amortizes bonds by the effective-interest method. The semi-annual interest dates are January 31 and July 31. Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods. 2. Record issuance of the bonds on December 31, 2020, and the semi-annual interest payments on January 31, 2021, and July 31, 2021. Requirement 2. Record issuance of the bonds on December 31, 2020, and the semi-annual interest payments on January 31, 2021, and July 31, 2021. Start by recording the issuance of the bonds on December 31, 2020. (Record debits first, then credits. Explanations are not required. Round the amour Journal Entry Date Accounts Debit Credit Dec. 31 2020 Record the first semi-annual interest payment on January 31, 2021. Journal Entry Date Accounts Debit Credit Jan 31 2021 Armstrong General Stores Inc. is authorized to issue $510,000 of 7.6%, 10-year bonds. On December 31, 2020, whe General amortizes bonds by the effective-interest method. The semi-annual interest dates are January 31 and July Requirements 1. Prepare a bond amortization table for the first four semi-annual interest periods. 2. Record issuance of the bonds on December 31, 2020, and the semi-annual interest payments on January 31, 2 Record the first semi-annual interest payment on January 31, 2021. Journal Entry Date Accounts Debit Credit Jan. 31 2021 Record the second semi-annual interest payment on July 31, 2021 Journal Entry Date Accounts Debit Credit July 31 2021 Choose from any list or enter any number in the input fields and then continue to the next

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