40952 1. The market rate at the date of issuance is 8%. (a) Complete the below table to determine the bonds' issue price on
40952 1. The market rate at the date of issuance is 8%. (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%. (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. Required 1A Required 18 Required 2A Required 28 Required 3A Required 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 < 1 Record the issue of bonds with a par value of $21,000 on January 1. Assume that the market rate of interest at the date of issue is 12%. Note: Enter debits before credits. Date January 01 General Journal Debit Credit < Prev 3 of 13 MacBook Pro
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