5 of 9 View Policies -/1.5 E Current Attempt in Progress Suppose that ABC Co. were to issue a 5-year, $133,000 bond that had a coupon rate of 5% and paid interest annually under each of the following alternatives: 21 (a) yield rate 4%, assuming the issue price is $138.921.29. (b) yield rate 5%, assuming the issue price is $133,000. (c) yield rate 6%, assuming the issue price is $127,397.77. Prepare the journal entries for both the issuance of the bond as well as the first interest payment when the yield rate is 4% (Round answers to 2 decimal places, eg. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Cash Notes payable (To record issue of bonds) Interest Expense I Notes Payable Cash (To record interest payment) Debit 138,921.29 Credit 138,921 Prepare the journal entries for both the issuance of the bond as well as the first interest payment when the yield rate is 5% (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Cash 0 F3 DDD GOD 14 6 Debit 133.000 15 Credit MacBook Air 44 To record interest payment) Prepare the journal entries for both the issuance of the bond as well as the first interest payment when the yield rate is 5%. (Credit account titles are automatically indented when amount is entered. Do nat indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Cash Notes Payable (To record issue of bonds) (To record interest payment) Debit 133,000 Credit 133,0 Prepare the journal entries for both the issuance of the bond as well as the first interest payment when the yield rate is 6% (Round answers to 2 decimal places, e.g. 15.25. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Cash Notes Payable (To record issue of bonds) (To record interest payment) Debit 127,397.77 Credit 127.397 Save for Sater List saved 1 hour ago Saved work will be auto submitted on the due dat Attempts: 0 of 1 used Submit Answer MacBook Air