ep This Question: 10 pts of 22 (20 complete) This Test: 43 pts possible Question Help ade Energy Lid is authorized to issue $3,000,000 of 1%, 10 yew bonds payable On December 31, 2018, when the market interest rates 3% the company $2.400.000 of the bonds Energy amortizes bond discount using the effective interest method. The main interest date ene 30 and December 31 Read the regrements Requirement 1 Use the PV function in Excel to calculate the issue price of the bords (Round your answer to the nearest whole dollar) The issue price of the bonds is $ 1.250,413 Ans st Ex the propriate timp This Question: 10 pts 4 of 92020.com This Test: 43 pts possible rt Answer Question Hew Ereded to $1,000.00 110 On Dec 31, 2018 Winthematica 2000 of the ones bond collectiver let and December wer Crect Requirement 2. Prepare about the year of the you) rate for the Amortizationale Under the Iwost Expe Payment Oscount B Bond Carry An Am > interest Dec 2015 Jun 30, 2019 3.2019 Requirement 3. Record the issuance of the bonds payable on December 31, 2018 the first somiannual interest payment on June 30, 2019, and the second payment on December 31, 2019. (Record debits first the credits Exclude explanations from any journal entries) rrect And terest B4 Start by recording the issuance of the bords on December 31, 2018 e for the Journal Entry nder Effec Date Accounts Debit Credit erest Expe Dec 31 This Question: 10 pls 4 of 22 (20 complete) This Test: 43 pts possible Question Help Energy Ltd is authorized to issue $3,000,000 of 1%, 10 year bonds payable On December 31, 2018, when the market interest rate is 8%, the company issues $2,400,000 of the bonds. Enercy amortizers bord discount using the effective interest method The semiannual interent dates are June 30 and December 31 Read the recitements Record the first semiannual interest payment on June 30, 2019 Journal Entry Accounts Debit Credit Date June 30 Record the second semiannual interest payment on December 31, 2019 This Question: 10 pts 4 of 22 (20 complete) This Test: 43 pt Question Help Energy Ltd is authorized to issue $3,000,000 of 1%, 10-year bonds payable. On December 31, 2018, when the market interest rate is 8%, the company issu $2,400,000 of the bonds. Energy amortizes bond discount using the effective-interest method. The semiannual interest dates are June 30 and December 31 Read the requirements a Record the second semiannual interest payment on December 31, 2019 Journal Entry Date Accounts Dec 31 be Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question MA ny's The following data was
