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Eitywide Company issues bonds with a por value of $85.000. The bonds mature in seven years and pay 10%annual interest in semiannubl payments, The annual
Eitywide Company issues bonds with a por value of $85.000. The bonds mature in seven years and pay 10%annual interest in semiannubl payments, The annual market rate for the bonds is 8%. (Table B1, Table B.2. Table. B.3, and Ioble B.4) Note: Use appropriate 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. Compute the price of the bonds as of their issue date. Note: Round intermediate calculations to the nearest dollar amount. Compiete this question oy entering your answers in the tabs betow. Prepare the journal entry to record the bonds' issuance. Note; Round intermediate calculations to the nearest dollar omount: Journal entry worksheet Notec Enber detaits before credth
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