1. The market rate at the date of issuance is 8%. (a) Complete the below table to determine the bonds' issue price on January 1. (b) Prepare the journal entry to record their issuance. 2. The market rate at the date of issuance is 10%. (a) Complete the below table to determine the bonds' issue price on January 1.1 (b) Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 12%. (a) Complete the below table to determine the bonds' issue price on January 1. (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 2B Required 3A Required 3B Complete the below table to determine the bonds' issue price on January 1 if the market rate at the date of issuance is 8%. Table values are based on: n = i = Cash Flow Table Value Amount Present Value Par (maturity) value Interest (annuity) Price of bonds Journal entry worksheet Record the issue of bonds with a par value of $30,000 on January 1. Assume that the market rate of interest at the date of issue is 10%. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Table values are based on: : n i = Cash Flow Table Value Amount Present Value Par (maturity) value Interest (annuity) Price of bonds Journal entry worksheet Record the issue of bonds with a par value of $30,000 on January 1. Assume that the market rate of interest at the date of issue is 12%. Note: Enter debits before credits. Date General Journal Debit Credit January 01 Record entry Clear entry View general journal