Question: Presented below is a partial amortization schedule for Premium Foods: Period Issue Date Interest Expense Increase in Carrying Value Cash Paid $4,100 4.100 Carrying Value

Presented below is a partial amortization schedule for Premium Foods: Period Issue Date Interest Expense Increase in Carrying Value Cash Paid $4,100 4.100 Carrying Value S85,930 85,267 84.578 $3,437 3.411 689 Required: 1. & 2. Record the bond issue assuming the face value of bonds payable is $76,000 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 Record the bond issue. Note: Enter debits before credits. Event General Journal Debit Credit Record entry Clear entry View general Journal

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