Question: Check my 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

Check my 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 $760,000, 7% bonds that mature in 10 years. The market interest rate for bonds of similar risk and maturity is 8%, and the bonds Issue for $708,357. 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.) Date Cash Paid Interest Change in Expense Carrying Value Carrying Value $ 1/1/2021 6/30/2021 12/31/2021 26,600 26,600 28,335 28,404 1,736 1,804 708,357 710,092 711,896 Homework & Exit Subr Check my w 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 $760,000, 7% bonds that mature in 10 years. The market interest rate for bonds of similar risk and maturity is 8%, and the bonds issue for $708,357. Interest is paid semiannually on June 30 and December 31 Problem 9-6A Parts 2 & 3 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 View journal entry worksheet X Debi 71 Record the bond issue. Record the first semiannual interest payment. Record the second semiannual Interest payment. 2 28
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