Chapter 11 Assignment 1. PR.11.01B.ALGO 2. PR.11.02B.ALGO 3. PR.11.04B.ALGO 4. PR.11.05B.ALGO eBook Show Me How 2....

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Chapter 11 Assignment 1. PR.11.01B.ALGO 2. PR.11.02B.ALGO 3. PR.11.04B.ALGO 4. PR.11.05B.ALGO eBook Show Me How 2. Journalize the entries to record the following: Print Item a. The first semiannual interest payment on December 31, 20Y1, and the amortization of the bond discount, using the straight-line method. Round to the nearest dollar. 20Y1 Dec. 31 Interest Expense 0 Discount on Bonds Payable 0 41,714 X Cash 0 435,000 < Feedback Check My Work The straight-line method of amortization provides equal amounts of amortization over the life of the bond. b. The interest payment on June 30, 20Y2, and the amortization of the bond discount, using the straight-line method. Round to the nearest dollar. 20Y2 June 30 Interest Expense Feedback 0 Discount on Bonds Payable 0 Cash 0 Check My Work The straight-line method of amortization provides equal amounts of amortization over the life of the bond. Progress: 1/4 items Check My Work Next Chapter 11 Assignment 1. PR.11.01B.ALGO 2. PR.11.02B.ALGO 3. PR.11.04B.ALGO 4. PR.11.05B.ALGO eBook Show Me How 2. Journalize the entries to record the following: Print Item a. The first semiannual interest payment on December 31, 20Y1, and the amortization of the bond discount, using the straight-line method. Round to the nearest dollar. 20Y1 Dec. 31 Interest Expense 0 Discount on Bonds Payable 0 41,714 X Cash 0 435,000 < Feedback Check My Work The straight-line method of amortization provides equal amounts of amortization over the life of the bond. b. The interest payment on June 30, 20Y2, and the amortization of the bond discount, using the straight-line method. Round to the nearest dollar. 20Y2 June 30 Interest Expense Feedback 0 Discount on Bonds Payable 0 Cash 0 Check My Work The straight-line method of amortization provides equal amounts of amortization over the life of the bond. Progress: 1/4 items Check My Work Next

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