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8 Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $20,000 par value

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8 Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $20,000 par value and an annual contract rate of 10%, and they mature in 10 years. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) 2.08 points Required: Consider each separate situation. eBook Print References 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. 2.08 points Required 1A Required 1B Required 2A Required 2B Required 3A Required 3B eBook Print Complete the below table to determine the bonds' issue price on January 1 if the market rate at the date of issuance is 8%. (Round all table values to 4 decimal places.) References Table values are based on: n = i = Cash Flow Table Value Amount Present Value Par (maturity) value Interest (annuity) Price of bonds 2.08 points Journal entry worksheet eBook Print Record the issue of bonds with a par value of $20,000 on January 1. Assume that the market rate of interest at the date of issue is 8%. References Note: Enter debits before credits. Date General Journal Debit Credit January 01 2.08 points Complete this question by entering your answers in the tabs below. eBook Required 1A Required 1B Required 2A Required 2B Required 3A Required 3B Print References Complete the below table to determine the bonds' issue price on January 1 if the market rate at the date of issuance is 10%. (Round all table values to 4 decimal places.) Table values are based on: n = i = Cash Flow Table Value Amount Present Value Par (maturity) value Interest (annuity) Price of bonds 2.08 points Journal entry worksheet eBook 2.08 points Journal entry worksheet eBook Print References Record the issue of bonds with a par value of $20,000 on January 1. Assume that the market rate of interest at the date of issue is 12%. Note: Enter debits before credits. Date General Journal Debit Credit January 01

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