Brief Exercise 9-14 Interpret a bond amortization schedule (LO9-5) Presented below is a partial amortization schedule for Discount Pizza (5) Cash Paid for Interest Increase in Carrying Value Interest Expense Period Issue date Carrying Value $61,207 61,310 61,417 52,345 2,345 52,448 2,452 5103 107 Required: 1. & 2. Record the bond issue and first interest payment assuming the face amount of bonds payable is $67,000. (If no entry it required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the bond issue. Note: Enter debits before credits Transaction General Journal Debit Credit