Assume Company A announces an offer to issue bonds on January 1, 2019 with a $100,000 par value, an 8% annual contract (coupon) rate paid semiannually and a 2 year life. Also assume YTM (Yield To Maturity) for company A bonds is 10%. 1- Calculate price of the bond. . : BUSI 1043 Introduction to Financial Accounting YORKVILLE UNIVERSITY www.YORKVILLEU.CA 2- Complete the following table using the effective interest method Date Bond interest Cash interest payment Discount amortization Unamortized discount Carrying value expense 1/1/2019 6/30/2019 12/31/2019 6/30/2020 12/31/2020 3- Record all journal entries below General Journal Date Accounts Debit Credit 1/1/2019 6/30/2019 12/31/2019 6/30/2020 = 12/31/2020