Presented below is a partial amortization schedule for Discount Foods: Interest Period Issue Date Cash Paid Expense Increase in Carrying Value Carrying Value $74,800 1 2 $2,300 2,300 $2,992 3,020 $692 720 75,492 76,212 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $90,000 and first interest payment. (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 2 Record the bond issue. Note: Enter debits before credits. Event 1 General Journal Debit Credit Record entry Clear entry View general journal Presented below is a partial amortization schedule for Discount Foods: Interest Period Issue Date Cash Paid Expense Increase in Carrying Value Carrying Value $74,800 1 2 $2,300 2,300 $2,992 3,020 $692 720 75,492 76,212 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $90,000 and first interest payment. (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 2 Record the first interest payment. Note: Enter debits before credits. Event 2 General Journal Debit Credit Record entry Clear entry View general journal