Boints Exercise 10-3 (Algo) Recording bond issuance and interest LO P1 On January 1, Boston Enterprises issues bonds that have a $1650,000 per value, mature in 20 years, and pay 10% interest semiannually on June 30 and December 31 The bonds are sold at par 1. How much interest will Boston pay on cash) to the bondholders every six months? 2. Prepare journal entries to record to the issuance of bonds on January 1. (b) the first interest payment on June 30, and (c) the second Interest payment on December 31 3. Prepare the journal entry for issuance assuming the bonds are issued at (o) 95 and (b) 105 ebook References Complete this question by entering your answers in the tabs below. Required Required 2 Required How much interest will Boston pay (in cash) to the bondholders every six months? semiannual Par maturity) Value Sen annual Cush Interest Payment Rate 21 Required 1 Required 2 Required 3 Prepare Journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c) the interest payment on December 31. 4 points View transaction list eBook References Journal entry worksheet