Question: problems to be done in excel Problem 10-4A Straight-Line: Amortization of bond discount [ P2 Page 417 Legacy issues $325,000 of 5%, four-year bonds dated

Problem 10-4A Straight-Line: Amortization of bond discount [ P2 Page 417 Legacy issues $325,000 of 5%, four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31 . They are issued at $292,181 when the market rate is 8%. Required 1. Prepare the January 1 journal entry to record the bonds' issuance. 2. Determine the total bond interest expense to be recognized over the bonds' life. Check 121597.819 3. Prepare a straight-line amortization table like the one in '99 Exhibit 10.7 for the bonds' first two years. (3) 1231/2022 conrying volue. $308,589 4. Prepare the journal entries to record the first two interest payments. Problem 10-5A Installment notes C1 Problem 10-9A B Effective Interest: Amortization of bond discount [ P5 Refer to the bond details in (S) Problem 10-4A. Required 1. Prepare the January 1 journal entry to record the bonds' issuance. 2. Determine the total bond interest expense to be recognized over the bonds' life. Check (2) 597.819 (3) 1231/2022 carynng value. 5307.308 4. Prepare the journal entries to record the first two interest payments. Problem 10-10A B Effective Interest: Amortization of bond premium P5 Refer to the bond details in ( Problem 10-3A
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