Ch $13$ Pt $1$ Bond Amortization

Assume Kristi Corporation issued a $10\%,$ $$1$M bond due in $5$ years. The bond sold on January $1,2022,$ to yield $8\%.$ The company pays interest on June ${30}^{th}$ and December ${31}^{st}.$

Determine the issue price of the bond.

Record the necessary journal entries for $2022$ assuming the company's fiscal year end is $\frac{12}{31}.$

Record the necessary journal entries for $2022$ assuming the company's fiscal year end is $\frac{10}{{31}_{?}}.$

#$2$ Journal Entries for ALL of calendar year $2022$ if FYE is $\frac{12}{31}\frac{?}{22}.$ Show calculations and label dates.

#$3$ Journal Entries for ALL of calendar year $2022$ if FYE is $\frac{10}{31}\frac{?}{22}.$ Show calculations and label dates.