Question: 0 Required information Problem 9-6A Prepare a bond amortization schedule and record transactions for the bond issuer (LO9-5) The following information applies to the questions

 0 Required information Problem 9-6A Prepare a bond amortization schedule and
record transactions for the bond issuer (LO9-5) The following information applies to
the questions displayed below On January 1, 2021, Universe of Fun issues
$840,000, 8% bonds that mature in 15 years. The market interest rate

0 Required information Problem 9-6A Prepare a bond amortization schedule and record transactions for the bond issuer (LO9-5) The following information applies to the questions displayed below On January 1, 2021, Universe of Fun issues $840,000, 8% bonds that mature in 15 years. The market interest rate for bonds of similar risk and maturity is 9%, and the bonds issue for $771,587. Interest is paid semiannually on June 30 and December 31 Problem 9-6A Part 1 Required: 1. Complete the first three rows of an amortization schedule. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.) Interest Expense Change in Carrying Value Date Cash Paid Carrying Value 1/1/2021 6/30/2021 12/31/2021 33,600 34,721 1,121 772.700 33,600 2.& 3. Record the issuance of the bonds on January 1, the interest payments on June 30, and December 31, 2021. (If no journal entry Is required for a particular transaction, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet Record the bond issue. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2021 2. & 3. Record the issuance of the bonds on January 1, the interest payments on June 30, and December is required for a particular transaction, select "No Journal Entry Required" in the first account field. R nearest whole dollar amount.) View transaction list Journal entry worksheet Record the first semiannual interest payment. es Note: Enter debits before credits Date General Journal Debit Credit June 30, 2021 Record entry Clear entry View general journal Journal entry worksheet 2 Record the second semiannual interest payment. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2021 Record entry Clear entry View general journal KPrex2 of 6 li 2 of 6 li Next >

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