a. The value of the term bonds would be the add of this values of all of the expected web future money flows discounted at an efficient annual charge per unit (yield) of 10%. net future money outflows area unit the maturity quantity (face value) and therefore the series of future time period interest payments adjusted for increased interest received. The value of the serial bonds would be determined by computing the value for every serial one by one within the same method that a term bond would be determined and so totaling these costs for the varied serials. i. in real time once the term bond was sold , the present asset--cash--would be accrued by the takings from the sale of the term bond. A old liability--term bonds payable--would be given within the record at the face worth of the term bonds, and the premium. additionally, a current liability--accrued interest payable--would be given within the record for increased interest received (March one, 2020, to Apri1, 2020). ii. in real time once the serial bond was sold , the present quality --cash--would be accrued by the takings from the sale of the serial bond. A old liability--serial bonds payable--would be