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

 Required information Exercise 9-9B Record bonds issued at a premium and

Required information Exercise 9-9B Record bonds issued at a premium and related semiannual interest (LO9-5) (The following information applies to the questions displayed below. On January 1, Year 1, a company issues $420,000 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 $451,244. Exercise 9-9B Part 1 equired: Complete the first three rows of an amortization table. (Round your final answers to the nearest whole dollar.) Date Cash Paid Interest Expense Decrease in Carrying Value Carrying Value 1/1/Year 1 6/30/Year 1 12/31/Year 1

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