Question: Required information Exercise 9-12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below]

Required information Exercise 9-12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $470,000 of 9% bonds, due in 20 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 $516,513. Exercise 9-12 (Algo) Part 1 Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Required Informetion Exercise 9-12 (Algo) Record bonds issued at a premium and related semiannual interest (LO9-5) [The following information applies to the questions displayed below] On January 1, 2024, Splash City issues $470,000 of 9% bonds, due in 20 years, with interest payable semlannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 8%, the bonds will issue at $516,513. Exercise 9-12 (Algo) Part 2 2. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31 , 2024. (If no entry is required for o particular transoction/event, select "No Journal Entry Required" In the first account fleld. Round jour flnal answers to the nearest whole dollar.)
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