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Required information The following information applies to the questions displayed below.] On January 1. 2024, Universe of Fun issues $740,000,8% bonds that mature in 20 years. The matket interest rate for bonds of similar risk and maturity is 9%, and the bonds issue for $671,914. Interest is paid semiannually on June 30 and December 31. Required: 1. Complete the first three rows of an amortization schedule, (Do not round intermediote calculations. Round your final answers to the nearest whole dollar.) On January 1, 2024. Universe of Fun issues $740,000,8% bonds that mature in 20 years. The market interest rate for bonds of similar risk-and maturity is 9%, end the bonds issue for $671,914. Interest is paid semiannually on June 30 and December 31. \& 3. Record the issuance of the bonds on January 1, the interest.payments on June 30, and December 31, 2024, (If no journal entry required for a porticular transaction, select "No Journal Entry Required" in the first account field. Round your onswers to the earest dollor amount.) Journal entry worksheet 3 On January 1, 2024 , Universe of Fun issues $740,000,8% bonds that mature in 20 years. The market interest rate for bonds of similar itsk and maturty is 9%, and the bonds issue for $671,94. Interest is pald semiannually on June 30 and December 31 . 2 \& 3. Record the issuance of the bonds on January 1, the interest payments on June 30, and December 31, 2024. (If no journal entry 5 required for a particular transaction, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Journal entry worksheet 3 Record the first semiannual interest payment. Note: Enter debits before credits. On January 1,2024 , Universe of Fun issues $740,000,8% bonds that mature in 20 years. The market interest rate for bonds of similar fisk and maturity is 9%, and the bonds issue for $671,914. Interest is paid semiannually on June 30 and December 31 . \& 3. Record the issuance of the bonds on January 1, the interest payments on June 30, and December 31, 2024. (If no journal entry required for a particular transaction, select "No Journal Entry Required" in the first account field. Round your onswers to the earest dollar amount.) Journal entry worksheet Record the second semiannual interest payment. Note: Enter debits belore credits
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