Question: Problem -OBA (Algorithmic) Note Computations and Entries (Straight-Line) On December 31, 2022. Sisek Company borrowed $380.000 with a 10 year, 9.75 note, with interest payable

 Problem -OBA (Algorithmic) Note Computations and Entries (Straight-Line) On December 31,
2022. Sisek Company borrowed $380.000 with a 10 year, 9.75 note, with

Problem -OBA (Algorithmic) Note Computations and Entries (Straight-Line) On December 31, 2022. Sisek Company borrowed $380.000 with a 10 year, 9.75 note, with interest payable semiannually on June 30 und December 31. Cash in the amount of $380,00 was received when the note was issued. Sise Company uses the straight amortization method Required: 1. Prepare the necessary journal entry of December 31, 2022. For those boxes in which no entry is required, leave the box blank 2022. December 31 (Recordisance of notes at discount) 2. Prepare the necessary journal entry at June 30, 2023. For those boxes in which no entry is required, leave the box than 2023, June 30 (Record interest payment) 3. Prepare the necessary journal entry at December 31, 2023. If required, round amounts to the nearest dollar. For those boxes in which no entreguard, we the book blank 2023, December 31 1. Prepare the necessary journal entry at December 31, 2022. For those boxes in which no entry is required the best 2022, December 31 (ecord issuance of notes at discount) 2. Prepare the necessary journal entry at June 30, 2023. For those boxes in which no entry is required, leave the box blank. 2023, June 30 8 (Record interest payment) 3. Prepare the necessary journal entry at December 31, 2023. If required, round amounts to the nearest dollar. For those bones in which no entry is regave the box blank 2023, December 31 [Record interest payment) 1. Determine the carrying amount of this note at the end of the fifth year (December 31, 2027)

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