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! Required information Exercise 9-11B Record bonds issued at a discount and related semiannual interest (LO9-6) (The following information applies to the questions displayed below.) On January 1, Year 1, a company issues $400,000 of 5% bonds, due in 15 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 $360,800. Exercise 9-11B Part 1 Required: 1. Complete the first three rows of an amortization schedule. (Round your final answers to the nearest whole dollar.) Cash Paid Interest Expense Increase in Carrying Value Carrying Value Date 01/01/Year 1 06/30/Year 1 12/31/Year 1 ! 2 2 Required information Exercise 9-11B Record bonds issued at a discount and related semiannual interest (L09-6) [The following information applies to the questions displayed below.) On January 1, Year 1, a company issues $400,000 of 5% bonds, due in 15 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 $360,800 31:33 ok Exercise 9-11B 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.) int View transaction list rences Journal entry worksheet Record the first semiannual interest payment. Note: Enter debits before credits. General Journal Debit Credit Date June 30 View general journal Record entry Clear entry S hlaut Journal entry worksheet 1 N 2 Record the second semiannual interest payment. Note: Enter debits before credits. Debit Credit General Journal Date December 31 View general journal Clear entry Record entry

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