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Citywide Company issues bonds with a par value of $150,000. The bonds mature in five years and pay 10% annual Interest in semiannual payments. The

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Citywide Company issues bonds with a par value of $150,000. The bonds mature in five years and pay 10% annual Interest in semiannual payments. The annual market rate for the bonds is 8%. Table B.1. Table B.2. Ioble 8.3, and Table 8.4 (Use appropriato factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date 2. Prepare the journal entry to record the bonds issuance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record the bonds issuance. (Round intermediate calculations to the nearest dollar amount.) View transaction list View journal entry worksheet No Transaction 1 1 Credit General Journal Cash Premium on bonds payable Bonds payable Deb 102,100 150.000

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