Question: Help me please, it's due at midnight. A partial amortization schedule for Sugar Ray's BBQ follows. (1) (3) (5) (2) Cash Paid for Interest (4)

Help me please, it's due at midnight. A partial amortization schedule

Help me please, it's due at midnight.

A partial amortization schedule for Sugar Ray's BBQ follows. (1) (3) (5) (2) Cash Paid for Interest (4) Increase in Carrying Value Interest Expense Period Issue date 1 2 Carrying Value $60,141 60,245 60,352 $1,700 1,700 $1,804 1,807 $104 107 Required: 1. & 2. Record the bond issue and first interest payment assuming the face amount of bonds payable is $68,000. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 N > Record the first interest payment. Note: Enter debits before credits. General Journal Debit Credit Transaction 2

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