A company borrowed 541,300 cash from the bank and signed a 5 year note at 9% 6499. The annual annuly payments equal a t interest. The present value of an annuty factor for 5 years at 9 3 97The present value of a single sum factor for 5 years at | o o o sess24 o ( sis 6 o ss 840 87. On January 1, a company bonds dated January with a par value of 20000 The besturen 5 years. The contractes and interest is d a y on June 30 and December 31 The market rate is 8% and the bands are sold for $291.365. The Journal entry to record the fast e st payment in the elective interest method of mortation is founded to the nearest do ) M e Choice O Den Bond e .385.00 Ducourt on Bonds Payal 54.00 2.000.00 Debit. Bond terest Expense 1873700, credit Premium on Borys Poyable $ 700, cred 12.80000 On January 1, a company issued and sold a 5410 000,4%, 10-year bond payable and received proceeds of $405.000. Interest is payable each June 30 and December 31 The company uses the straight line method to amortize the discount. The carrying value of the bonds immediately after the first interest payment is 1 o o o , o , o 2 On January 1, a company issues bonds dated Januaryw ate is 125 and the bands are sold for them are 500.000 The bonds mature to record the fastest pay years. The contractats and tests pamayonne 30 and December the market the effective interest method of motions 1 0 Den 27500, 00 0 Debit interest Expense 286. credt umon Bonds Pepe Sacredito $27500 0 O Debatterest Expense $20.004 detar Premam on Bonds Payable sun6 cred Cash 827500 0 O D 0 on