#2)

I just need to double check #2 if it's right or not, please. thank you in advance.

QUIRED: Chapter 9 Home... Saved Help Save & Exit Submit 3 Required information [The following information applies to the questions displayed below.) ints On January 1, 2018, Splash City issues $450,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. ebook Assuming the market interest rate on the issue date is 8%, the bonds will issue at $419,423 References Required: 1. Complete the first three rows of an amortization table. Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value 1/1/18 6/30/18 12/31/18 Saved Help Save & Exit S 2 Required information (The following information applies to the questions displayed below.) Part 2 of 2 On January 1, 2018, Splash City issues $460,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 13 points Assuming the market interest rate on the issue date is 7%, the bonds will issue at $502,303. ebook 2. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018.(If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) References View transaction list View journal entry worksheet No 1 Date General Journal January 01, 2018 Cash Discount on bonds payable Bonds payable IS 2 June 30, 2018 Interest expense Discount on bonds payable Cash 3 December 31, 2018 Interest expense Premium on bonds payable Cash