Question: Required information Exercise 9-9B Record bonds issued at a premium and related semiannual interest (L09-5) [The following information applies to the questions displayed below) On



Required information Exercise 9-9B Record bonds issued at a premium and related semiannual interest (L09-5) [The following information applies to the questions displayed below) On January 1, Year 1, a company issues $410,000 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 $450,576 Exercise 9-9B Part 1 Required: 1. Complete the first three rows of an amortization table. (Round your final answers to the nearest whole dollar) Date Cash Pald Interest Expense Decrease in Carrying Value Carrying Value 1/1/art 30/Yeart 12/31/Year 1 [The following information applies to the questions displayed below.) On January 1, Year 1. a company issues $410,000 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 $450,576. Exercise 9-9B Part 2 2. Record the bond issue on January 1, Year 1, and the first two semiannual interest payments on June 30, Year 1, and December 31, Year 1. (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.) View transaction list Journal entry worksheet 1 2 3 Record the bond issue. Note Ente debits before credits Data January 01 General Journal Debit Credit Record entry Clear entry View general Journal Exercise 9-9B Part 2 2. Record the bond issue on January 1. Year 1, and the first two semiannual Interest payments on June 30, Year 1, and December 31, Year 1 (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) View transaction list Journal entry worksheet
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