Required information Use the following information for the Problems below. (Algo) {The following information applies to the questions displayed below) Hillside issues $2100,000 of 5%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31 Problem 10-1A (Algo) Straight-Line: Amortization of bond discount LO P2 The bonds are issued at a price of $1,814,635 Required: 1. Prepare the January 1 journal entry to record the bonds issuance 210) For each semiannual period, complete the table below to calculate the cash payment 216) For each semiannual period, complete the table below to calculate the straight-line discount amortization 21 For each semiannual period, complete the table below to calculate the bond Interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 to 20 Reg 3 Reg 4 Reg 5 Prepare the January 1 journal entry to record the bonds issuance. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $2,100,000 on January 1, 2021 at an issue price of $1,814,635. Notar Enter debits before credit Date January 01 General Journal Debet Credit Use the following information for the Problems below. (Algo) The following information applies to the questions displayed below) Hillside issues $2100,000 of 5%, 15-year bonds dated January 1, 2021, thot pay interest semiannually on June 30 and December 31 Problem 10-1A (Algo) Straight-Line: Amortization of bond discount LO P2 The bonds are issued at a price of 51.814635 Required: 1. Prepare the January journal entry to record the bonds ssuance 2.) For each semiannual period, complete the table below to calculate the cash payment 2... For each semiannual period, complete the table below to calculate the straighine discount amonization 21 For each semiannual period, complete the table below to calciate the bond interest expense 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds life 4. Prepare the first two years of a straight line amortization table 5. Prepare the journal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Veq 1 A to 20 R 4 Foredi mana period, compute() the cash payment (b) the straight line discount amortization, and (c) the bond interest opense, and your files to the newest Wholed) Anna Rate You Sono cash 2 Peratura con Date SA 2001 DO MO Blondine 20 Heg) Hillside issues $2,100,000 of 5%, 15-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31 Problem 10-1A (Algo) Straight-Line: Amortization of bond discount LO P2 The bonds are issued at a price of $1,814,635, Required: 1. Prepare the January 1 journal entry to record the bonds issuance 2[) For each semiannual period, complete the table below to calculate the cash payment 21.) For each semiannual period, complete the table below to calculate the straight-line discount amortization. 21 For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds life 4. Prepare the first two years of a straight-line amortization table, 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 20 Reg 3 Reg 4 Req 5 Complete the below table to calculate the total bond Interest expense to be recognized over the bonds life. Total bond interest expense over life of bonds: Amount repaid payments of Par value at maturity Total repaid Less amount borrowed Total bond interest expense The bonds are issued at a price of $1,814,635, Required: 1. Prepare the January 1 journal entry to record the bonds' Issuance 210) For each semiannual period, complete the table below to calculate the cash payment 216) For each semiannual period, complete the table below to calculate the straight-line discount amortization. 21 For each semiannual period, complete the table below to calculate the bond interest expense. 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' life. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2A to 2C Reg 3 Reg 4 Reg 5 Prepare the first two years of a straight-line amortization table. (Round your intermediate and final answers to the nearest whole dollar) Carrying Value Semiannual Period. Unamortized End Discount 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 5. Prepare the journal entries to record the first two interest payments. Complete this question by entering your answers in the tabs below. Req1 Reg 2A to 20 Req3 Reg 4 Regs Prepare the journal entries to record the first two interest payments. (Round your intermediate and final answers to the nearest whole dollar.) View transaction list Journal entry worksheet