Question: 2 Presented below is a partial amortization schedule for Discount Pizza. (3) (5) 10 points (2) Cash Paid for Interest (4) Increase in Carrying Value

2 Presented below is a partial amortization schedule for Discount Pizza. (3) (5) 10 points (2) Cash Paid for Interest (4) Increase in Carrying Value Interest Expense Period Issue date 1 Carrying Value 551,092 51,230 51,373 $1,650 1,650 eBook $1,788 1.793 $130 143 Print Required: 1. & 2. Record the bond issue and first interest payment assuming the face amount of bonds payable is $55,000, (if no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) References View transaction et Journal entry worksheet

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