Answer Happy

2. If the market interest rate is 8%, the bonds will issue at $503,306. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 1 Record the bond issue. 2 Date January 01, 2021 Note: Entar debits before credits. Racord entry 3 General Journal Cash Bonds Payable Clear entry Debit Credit View general Journal

2. If the market interest rate is 8% , the bonds will issue at $503,306. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 2 Record the first semiannual interest payment. 3 Note: Enter debits before credits. Date June 30, 2021 Record entry General Journal Clear entry Debit Credit View general Journal

2. the market interest rate is 8%, the bonds will issue at $503.306. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (if no entry is required for a particular transaction/event select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount) Journal entry worksheet 2 3 Record the second semiannual interest payment. General Journal Debit Credit