20,000 3 years 2 Bond v 3 Par Value 4 Term 5. Contract Interest Rate 6. Market Interest Rate 7 Issue Price 5% 5% 100 8 1) is this bond being issued at Par Value, at a Discount, or at a Premium? 92) if the bond pays Interest semiannually, how many total interest payments will be made? 103) What is the amount of each interest payment? 11 4) How much cash will be received when this bond is issued? 125) If there is a Discount or Premium, how much is it? 136) If there is a Discount or Premium, how much will be amortized with each interest payment? 14. 7) What amount of interest expense will be booked each time interest is paid? 15 B) What is the journal entry at Issuance? Account Debit Credit 16 DR/CR 17 20) What is the journal for the seminarest payment? Account (20 OR/CH Debit Credit 23 25101 What is the journal artiment Acco Debit Credit 10 OCH 27 21