Record the semiannual interest payment and amortization on june 30 year 1.
Record the bond issuance and discount amortization.
Record the semiannual interest payment and amortization on june 30 year 1. 1. Record the journal entry to show the payment of semiannual interest and the related premium amortization on June Spearmint uses the straight-line bond amortization method. The bonds require semiannual interest payments on June 30 and December 31. Straight-Line Bond Amortization Table: Semiannual Period-End Unamortized Discount Carrying Value (0) January 1, issuance $6,873 $100,127 (1) June 30, first payment On January 1, 2019, Learned Inc, issued $9 million face amount of 20-year, 18% stated rate bonds when market interest rates were 20%. Valley made the required interest and principal payments when due. 2b. Complete the necessary journal entry for June 30 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. Complete the necessary journal entry for June 30 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. Journalize the entry to record the interest payment on June 30, Year 2, and the amortization of the bond premium, using the Jan 1, 2017 ยท Hillside issues 4, 000, 000 o f 6 4,000,000 of 6%, 15-year bonds dated January 1,2017 , that pay interest semiannually on June 30 and December 31 . Prepare journal entries to record the first two interest payments. gbkou knwj cgadz pvvv5 lkviu bh1hmx pn4 18zb zwg qbzpavw
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