17: (2 points) Rivera Corporation issued a $300,000, 8%, 10-year bond payable on 01/01/21. Give the maturity date and journal entry for the maturity payment. Assume the final interest payment has been made and recorded Debit Credit 18 19. (3 points) Determine whether the following bonds payable will be issued at face value (FV), at a premium (P), or at a discount (D). A 10% bond payable issued when the market rate is 8% A 10% bond payable issued when the market rate is 10% A 10% bond payable issued when the market rate is 12% (2 points) TwoCo signed a 7-year, 12%, note payable for $525,000 on 01/01/21. The note requires annual principal payments each 12/31 of $75,000 plus interest. The entry to record the second annual payment (on 12/31/22) includes a credit to Notes Payable of $75,000 b. a debit to Interest Expense of $63,000. c. a debit to Interest Expense of $54,000. d. a credit to cash of $138,000. a. 20. (2 points) ABC's bonds payable carry a coupon rate of 5% when the market rate is 7%. The issue price of the ABC bonds will be at a b. C. d. a discount face value. a premium par value. a 21. (2 points) A bond that matures in installments at regular intervals is a terminal bond. b. term bond. serial bond. d. periodic bond. C