Check my work On January 1, Renewable Energy issues bonds that have a $20,000 par value, mature in eight years, and pay 12% Interest semiannually on June 30 and December 31 1. Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 103%. 2. How much interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par? Complete this question by entering your answers in the tabs below. oped Required 1 Required 2 BOOK Phru Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 1032 pferences View transaction list Journal entry worksheet 1 Record the issuance for bond at 99 NoteEnter debits before credits General Journal Debit Credit Date Jan 01 M we Required 1 Required 2 Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 10312. View transaction list Journal entry worksheet