A company issued bonds on Jan 1, 2021 for a $1,000,000 expansion of corporate operations over a 5-year period. Contract interest rate is 8% and yield rate is 10%. Interest payments per semester.

QUESTIONS: 1. How many proceeds can a company on the issuance of the bonds. 2. How to record a journal transaction during publication. 3. Create an amortization table. 4. Amortization and interest journals for 2021. 5. On 1 Jan 2023, the bond was withdrawn at an interest rate of 9%. How the journal to record the transaction.