6 Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest On January 1, 2017 semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, 2017: (b) the first interest payment on June 30, 2017; and (c) the second i on 31, 2017 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102 pay (in cash) to the Chapter 10 Homework (REQ) 6 On January 1, 2017, Boston Enterprises issues bonds that have a $3.400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay (In cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, 2017, (b) the first interest payment on June 30, 2017; and (c) the second intrest payment on December 31, 2017 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102. Complete this question by entering your answers in the tabs below. Required 1 Required 2Required 3 Prepare journal entries to record (a) the issuance of bonds on January 1, 2017: (b) the first interest payment on June 30, 2017; and (c) Journal entry worksheet Record the issue of bonds at par on January 1, 2017. Jan 01, 2017 6 On January 1, 2017, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay (In cash) to the bondholders every six months? the second 2. Prepare journal entries to record (a) the issuance of bonds on January 1, 2017: (b) the first interest payment on June 30, 2017; and (c) 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102 ints nt on December 31, 2017 Complete this question by entering your answers in the tabs below. to record (a) the issuance of bonds on January 1, 2017: (b) the first interest payment on June 30, 2017; and (c) payment on December 31, 2017. Journal entry worksheet References Record the interest payment on June 30, 2017. Jun 30, 2017 (REQ) Help 6 semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, 2017: (b) the first interest payment on June 30, 2017, and (c) the second on December 31, 2017 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102 Prepare journal entries to record (a) the issuance of bonds on January 1, 2017; (b) the first interest payment on June 30, 2017; and (c) Journal entry worksheet Record the interest payment on December 31, 2017 Dec 31, 2017 Chapter 10 Homework (REQ) 6 On January 1, 2017, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 semiannualy on June 30 and December 31. The bonds are sold at par ye 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance the second of bonds on January 1, 2017: (b) the first interest payment on June 30, 2017; and (c) payment on December 31, 2017 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102. Complete this question by entering your answers in the tabs below. the bonds are issued at (a) 98 and (b) 102. Print Journal entry worksheet Record the issue of bonds at 98. Jan 01, 2017