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asappp 2. Hene is a bunch of accoumting imformation for the we ar 2014 . Ferainft Yane fab is to prepare a 3. The City

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2. Hene is a bunch of accoumting imformation for the we ar 2014 . Ferainft Yane fab is to prepare a 3. The City of Eden Prairie issued bonds to the public on January 1, 2014. The face value was $10,000. The bonds were issued for $13,000. The interest rate is 8%. The bonds are outstanding for 5 years and interest is paid semiannually on January 1 and June 30. (6 points) b) Make the journal entry (debit and credit) for the payment of interest on June 30, 2014

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