a.) what is the issuance price for the bonds?

b.)provide the entry to record Burt's purchase of the bonds.

c.)provide the entry on Burt's books for the first interest payment

d.)provide the entry on Burt's books for the second interest payment.

Tarp Company issued $1,000,000 of 5-year bonds dated January 1, 2020. The stated interest rate was 7%. Interest is paid semiannually. At the time of the issuance, the market or yield rate was 6%