Presented below is a partial amortization schedule for Discount Foods Interest Period Issue Date Cash Pald Increase in Carrying Value carrying Valve $74,100 74,664 75,25 12.04 2,400 2. $564 57 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $85.000 and first interest payment. Il 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 2 > Record the bond issue Notas debts before Event General Journal Debit Credit Clear entry Virwal jou Record entry Presented below is a partial amortization schedule for Discount Foods: Period Issue Date Cash Paid Interest Expense Increase in Carrying Value Carrying Value $74,100 74,664 75,251 $2,400 2 $2,964 2,987 587 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $85,000 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