Question: Also, Record the bond issue for January 01 record the first semiannual interest payment for June 30 Record the second semiannual interest payment On January

Also, Record the bond issue for January 01 record the first

Also,

Record the bond issue for January 01

record the first semiannual interest payment for June 30

Record the second semiannual interest payment

On January 1, Year 1, a company issues $490,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $450,092. Exercise 9-8B Part 1 Required: 1. Complete the first three rows of an amortization table. (Round your intermediate and final answers to the nearest whole dollar.) Date Cash Paid Interest Expense Change in Carrying Carrying Value Value 1/1/Year 1 6/30/Year 1 12/31/Year 1

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