CH 10 Homework 1 points 3 On January 1, Applied Technologies Corporation (ATC) issued $590,000 in bonds that mature in 10 years. The bonds have a stated interest rate of 11 percent. When the bonds were issued, the market interest rate was 11 percent. The bonds pay interest once per year on December 31. eBook Hint Print eferences Required: 1. Determine the price at which the bonds were issued and the amount that ATC received at issuance. 2. & 3. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31 assuming no interest has been accrued earlier in the year. Complete this question by entering your answers in the tabs below. Req 1 Saved Req 2 and 3 Determine the price at which the bonds were issued and the amount that ATC received at issuance. Amount Received at Issuance Save & Exit Submit Check my work

On Janusry 1. Applied Technologies Corporation (ATC) issued $590,000 in bonds that mature in 10 years. The bonds have a stated interest rate of 11 percent. When the bonds were issued, the morket interest rate was 11 petcent. The bonds pay interest once per year on December 31 . Required: 1. Determine the price at which the bonds were issued and the amount that ArC receved at issuance. 2. 8 3. Prepare the required journal entries to record the bond issuance and the first interest payment on December 31 assumng no interest has been accrued earlier in the year. Complete this question by entering your answers in the tabs below. Determine the price at which the bonds were issued and the amount that ATC received at issuance. On January 1, Applied Technologies Corporation (ATC) issued $90,000 in bonds that mature in 10 years. The bonds have a stated interest rate of 11 percent. When the bonds were issued, the market interest rate was 11 percent. The bonds pay interest once per year on December 31 . Required: 1. Determine the price ot which the bonds were issued and the amount that ATC received at issuance. 2. \& 3. Preparo the required journal entries to record the bond issuance and the first interest payment on Docomber 31 assuming no interest has been accrued earlier in the year. Complete this question by entering your answers in the tabs below. Determine the price at which the bends were issued and the amount that ATC received at issuance