Chapter 10 Assignment Question 10 of 15 0.22/1 M Current Attempt in Progress Suppose that ABC Co. were to issue a 5-year, $128.000 bond that had a coupon rate of 5% and paid interest annually under each of the following alternatives: IV (al b) le) yield rate 4%, assuming the issue price is $133,698.69. yield rate -5%, assuming the issue price is $128.000. Vield rate 6%, assuming the issue price is $122,608.38. 9 la 02 Your answer is partially correct, Prepare the journal entries for both the issuance of the bond as well as the first interest payment when the yield rate is 4% (Round answers to 2 decimal places, s. 15.25. Credit account titles are automatically indented when amount is entered. Do not Indent manually if no entry is required, select "No Entry for the account titles and enter for the amounts) Vi Account Titles and Explanation Cach Debit 0 Credit Q Qu Notes Payable (To record issue of bonds) Interest Expense Qu Notes Payable Cass (To record interest payment) Que MO e Textbook and Media Que