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 $390,000 of 7%

bonds, due in 10 years, with interest payable semiannually on June 30

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 $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 6%, the bonds will issue at $419,013. Exercise 912 (Algo) Part 1 Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) 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 a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your final answers to the nearest whole dollar.) Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before credits. Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits before credits

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