2 Problem 10-1AA Computing bond price and recording issuance LO C2, P1 Hartford Research issues bonds dated January 1 that pay interest semlannually on June 30 and December 31 The bonds have a $40,000 par value and an annual contract rate of 10%, and they mature in 10 years TableBLTableB2.Table B 3, and TiheB4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, ond use the rounded table values in calculations. Round your "Present Value" answers to the nearest whole doller amount.) oints Required: Consider each of the following three separate situations. 1. The market rate at the date of issuance is 8% eBook (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%. Print (a) Complete the below table to determine the bonds' issue price on January 1 ( Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 12%. References (aComplete 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. Reg 14Req 18Req 2AReg 28Rea 3A Req 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%. Present Value Par (maturity) value Interest (annuity) Price of bonds Req 1B > (a) Complete the below table to determine the bonds issue price on January 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. Req 1A Req 1B Req 2B Req 2A Req 3A Req 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 Cash Flovw Par (maturity) value Interest (annuity) Price of bonds able Value Amount Present Value Req 18 > e he joumal 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. Req 2A Rea 3A Req 3B Req 1A Req 2B Req 18 Complete the below table to determine the bonds' issue price on January 1, if the market i10% rate at the date of issuance is Table values are based on Amount Present Value Flow Table Value Par (maturity) value Interest (annuity) Price of bonds Req 1B Req 2B> Journal entry worksheet Record the issue of bonds with a par value of $40,000 on January 1: Assume that the market rate of interest at the date of issue is 10%. Notei Enter debits before credits. Date General Journal Debit Credit Jan 01 Clear entry View general journal Record entry Req 3A> C Req 2A 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 Rea 2A Req 2B Req 1B Req 3A Req 1A Req 38 issue price on January 1 if the market rate at the date of issuance is 12% Present Valu Table Value Flow Par (maturity) value Interest (annuity) Price of bonds Req 3B CReq 2B Reg 1B Rea 2A Req 2B Req 3A Req 38 Prepare the journal entry to record their issuance, if the market rate at the date of issuance is 12%. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $40,000 on January 1. Assume that the market rate of interest at the date of issue is 12%. ces Note: Enter debits before credits General Journal Debit Credit Jan 01 Record entry Clear entry View general journal