Question: Required Information Exercise 9-11 (Algo) Record bonds issued at a discount and related semiannual interest (LO9.5) [The following information applies to the questions displayed below]

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Required Information Exercise 9-11 (Algo) Record bonds issued at a discount and related semiannual interest (LO9.5) [The following information applies to the questions displayed below] On January 1,2024 , Splash City issues $390,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year: Assuming the market interest rate on the issue date is 8%, the bonds will issue at $363,500. Exercise 9-11 (Algo) Part 1 Required: 1. Complete the first three fows of an amortization schedule. (Round your Intermediate and final answers to the neorest whole dollar.) Required Information Exercise 9.11 (Algo) Record bonds issued at a discount and related semiannual interest (LO9.5) [The following informaron applies fo the questions displayed beiow] On Jamuary 1,2024, Splash Ciry issues, $390,000 of 7 s. bonids, due in 10 years, whth merest payable semantially on June 30 and December 31 eachyear. Assurning the market interest tate on the issue date is 8%, the bonds will issue at $353,500. Exercise 9-11 (Algo) Part 2 2. Record the bond isste on January 1, 2024, and the first wo semionnual intetest payments on June 30, 2024, and December 3t, 2024. it no entry is regulred for a perticular tronsaction/event, select "No Journal Entry Requilred" in the first account fieid. Round your intermediate and final answers to the nearest whole doller.) Journal entry worksheet. Required Information Exercise 9-11 (Algo) Record bonds issued at a discount and related semiennual interest (LO9.5) [The following information applies to the questions dispiayed below] On January 1, 2024, Splash City issues $390,000 of 7:6 bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date 158%, the bonds will 15sue at $363.500. Exercise 911 (Algo) Part 2 2. Record the bond 1554 e on January 1, 2024, and the first two semlannual interest paymen's on June 30, 2024, and December 31 , 2024. (if no entry is required for a particular transactlonievent, select "No Joumal Entry Required" In the first account fleid. Round your intermedlate and flnal answers to the nearest Whole doller) Journal entry worksheet 1 Record the first semiannual interest payment. foote: Enter debits before credit: Required Information Exercise 9.11 (Algo) Record bonds issued at a discount and related semiannual interest (LO9.5) The following finformation applies to the questions displayed below) On January 1,2024 . Splash City issues $390,000 of 786 bonds, due in 10 years. with interest payable sembannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $363,500 xercise 9-11 (Algo) Part 2 Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 024. (It no entry is requlred for a particular transection/event, select "No Journsl Entry Required" In the first account fleld. Round four Intermedlate and final answers to the nearest whole doller.) Journal entry worksheet Record the second semiannual interest payment. Wotet Enter debita belpre credea
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