Question: Please Answer All Question 2 Question 2 of 4 -/1 Splish Brothers Ltd. issued $740,000 of 15 year. 8.00% bonds on January 1, 2022, when

Please Answer All Question 2

Please Answer All Question 2 Question 2 of 4 -/1 Splish Brothers

Ltd. issued $740,000 of 15 year. 8.00% bonds on January 1, 2022,

when the market interest rate was 7.00% The cash received at the

Question 2 of 4 -/1 Splish Brothers Ltd. issued $740,000 of 15 year. 8.00% bonds on January 1, 2022, when the market interest rate was 7.00% The cash received at the issuance of the bond was $808,050.57 Interest is payable semi-annually on July 1 and January 1. Splish Brothers has a December 31 year end Prepare a bond amortization schedule for the first four interest periods, using the effective interest method. Round answers to 2 decimal places, es 15.75.) SPLISH BROTHERS LTD. Bond Premium Amortization Schedule Effective-Interest Method Semi-Annual Interest Interest Payment Interest Expense Issue Date Jan 1, 2022 Period 23 Amortization July 1.2022 S S S Jan. 1.2023 July 1, 2023 Jan. 1.2024 eTextbook and Media List of Accounts Question Part Score --20:35 Record the scue of the bonds and the first interest payment. (Credit account tities are automatically indeed when the amounts entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round Question 2 of 4

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