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On January 1,2024, a company issues $730,000 of 8% bonds, due in eight years, with...

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Accounting

On January 1,2024, a company issues $730,000 of 8% bonds, due in eight years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 9%, the bonds will issue at $688,995.
Required:
Fill in the blanks in the amortization schedule below:
Record the bond issue on January 1,2024, and the first two semiannual interest payments on June 30,2024, and December 31,2024.
Complete this question by entering your answers in the tabs below.
Fill in the blanks in the amortization schedule below: (Round your answers to the nearest dollar amount. Enter all amounts as positive values.)
\table[[Date,Cash Paid,\table[[Interest],[Expense]],\table[[Change in],[Carrying Value]],Carrying Value],[0101?2024,,,,],[0630?2024,,,,],[1231?2024,,,,]]
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