Help with problem 10-2A

Thank You

Straight ? Line : Amortization bond discount Hillside issue $4,000,000 of 6% , 15-year bonds dated 1,2013, that pay interest semiannually on June 30 and December 31. The bond are issued at a price of $3,456,448 Required 1. Prepare the January 1, 2013. journal entry to record the bonds? issuance. 2. For each semiannual period, compute (a) the cash payment, (b) the straight-line discount amortization, and (c) the bond interest expense. 3. Determine the total bond interest expense to be recognized over the bonds? life. 4. Prepare the just two years of an amortization table like Exhibit 10.7 using the straight-line method. 5. Prepare the journal entries to record the first two interest payments