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4. Problem 10-2A Straight-Line: Amortization of bond discount LO P1, P2 Hillside issues $1,000,000 of...

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4. Problem 10-2A Straight-Line: Amortization of bond discount LO P1, P2 Hillside issues $1,000,000 of 6% 15-year bonds dated January 1, 2017, that pay interest se The bonds are issued at a price of $864,113 ts annually on June 30 and Decemb Required 1. Prepare the January 1.2017, journal entry to record the bonds' issuance 2(a) For each semiannual period, complete the table below to calculate the cash payment 2(b) For each semiannual period. complete the table below to calculate the straight-line discount amortization. 2(c) 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 r 4. Prepare the first two years of an amortization table using the straight-line method 5. Prepare the journal entries to record the first two interest payments ecognized over the bonds life. ferences Complete this question by entering your answers in the tabs below. Reg 1 Req 2A to 2CReq 3 View transaction list Journal entry worksheet

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