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Alabama Marsh Company has 10 year bonds payable that mature on June 30, 2028. The bonds are issued on June 30, 2018 and Alabama Marsh

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Alabama Marsh Company has 10 year bonds payable that mature on June 30, 2028. The bonds are issued on June 30, 2018 and Alabama Marsh pays interest each June 30 and December 31 Read the requirements Requirement 1. Will the bonds be issued a face value, al apren the market interest rate is 7%, the bonds will be issued at a pre the market interest rate is 9%, the bonds will be issued at a dis Requirement 2. Alabama Marissued 51,000,000 of the bonds a. Recordssuance of the bonds on June 30, 2018. (Record debut 1. Will the bonds be issued a face v a prema morala descount the market interest on the date of issuance is 7%? If the market interest rates ? 2. Alabama Marsh issued 51000.000 of the bondial Round calculation to the nearest dollar a. Record issuance of the bonds on June 30, 2018 b. Record the payment of w est and mo on of the discount on December 31, 2018 Use the straight line amortization method C. Compute the bond carrying amount of December 31, 2018 d. Record the payment of interest and mo on of discount on June 30, 2019 2013 ssued bonds at a discount

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