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3 is wrong, please help! Required informotion Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed
3 is wrong, please help!
Required informotion Problem 9-5B (Algo) Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below] Viking Voyager speciatizes in the design and production of replica Viking boats. On January 1, 2024, the company issues $1,870,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-5B (Algo) Part 2 2. If the market interest rate is 8%, the bonds will issue at $1,742,930. Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a porticular transoction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) Answer is complete but not entirely correct Step by Step Solution
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