Ex my FSC Astignments: 202120-ACG-2021 x Question 1. Test 4 Chapter 10X + heducation.com/ext/map/index.html?con contederal_browser:Olaunch Urt-http%253A%252F%252Fims.mheducation.com%252Fmghmiddleware%252Fmepre 10-12 Save Exercise 10-3 Recording bond issuance and interest LO P1 On January Bouton Enterprises issues bonds that have a $1.550,000 per value, mature in 20 years, and pay 7% interest semiannually on June 30 and December 31. The bonds are sold at por 1. How much interest will Boston pay in cash) to the bondholders every six months? 2. Prepare journal entries to record (o) the issuance of bonds on Jonuky 1 (b) the first interest payment on June 30, and (a the second 3. Prepare the journal entry for muance souming the bonds are issued ot() 97 and (b) 103. Complete this question by entering your answers in the tabs below. 1 Required How much interest will Boston pay in cash) to the bondholders every six months? Sem Cash Required 2 > 47 Exercise 10-3 Recording bond issuance and interest LO P1 On January 1, Boston Enterprises issues bonds that have a $1,550,000 par value, mature in 20 years, and pay 7% Interest semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, b) the first interest payment on June 30, and (c) the second Interest payment on December 31 3. Prepare the journal entry for issuance assuming the bonds are issued at(a) 97 and (b) 103 Complete this question by entering your answers in the tabs below. Required 1 Dequired 2 Required 3 Prepare Journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c) the second Interest payment on December 31 View transaction list Journal entry worksheet Record the issue of bonds at par on January Entributors Date January 01 General Journal Debut Credit Recorder Chey View general journal Syed Exercise 10-3 Recording bond issuance and interest LO P1 On January 1, Boston Enterprises issues bonds that have a $1550,000 per value, mature in 20 years, and pay 7% interest semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay tin cashy to the bondholders every six months? 2. Prepare journal entries to record(a) the issuance of bonds on January to the first interest payment on June 30, and the second Interest payment on December 31 3. Prepare the journal entry for issuance assuming the bonds are issued 97 and th) 103 Complete this question by entering your answers in the tabs below. Recured BE Prepare the Journal entry for an equired) bonds wreedata) 97 and (b) 103 Journal entry worksheet Record theme of bonds 97 January Detail