10pt r "T "2 QUESTION 4 Under what market conditions does a discount on bonds payable arise? For the toolbar, press ALT+F10 (PC)or ALT+FN+F10 (Mac). BIUS Paragraph Arial - STION 5 ve and Submit to save and submit. Click Save All Answers to save all answers. I 40 QUESTION 5 On January 1, 2020, Shout Company sold 12% bonds having a maturity value of $650,000 for $699,280, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2020, and mature January 1, 2025, with interest payable December 31 of each year. Shout Company allocates interest and unamortized discount or premium on the effective-interest basis. Prepare the journal entry at the date of the bond issuance. For the toolbar, press ALT-F10 (PC) or ALT+FN-F10 (Mac) BI US xx, Paragraph The 4 Arial 10pt A~