soothing inc is authorized to issue 11 10 year bonds payable on january 1 2014 when the market interest rate is 12
Requirements
1. How much cash did the company receive upon issuance of the bonds payable? (Round all numbers to the nearest whole dollar.)
2. Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round all numbers to the nearest whole dollar.)
3. Journalize the issuance of the bonds on January 1, 2014, and payment of the first semiannual interest amount and amortization of the bond on June 30, 2014. Explanations are not required.

