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help pla Trevor Company borrowed money by issuing $2,500,000 of 8% bonds poyable at 101.4 on July 1,2021. The bonds are five-year bonds and psy

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Trevor Company borrowed money by issuing $2,500,000 of 8% bonds poyable at 101.4 on July 1,2021. The bonds are five-year bonds and psy interest each Januacy 1 and July 1 Read the reguirements. 1. How much cash did Trevor receive when it issued the bonds poyable? Joumalze this transaction. When if issued the bonds payable. Trevor recelved Requirements 1. How much cash did Trever recelve when it issued the bonds payabie? Journalze this transaction. 2. How much must Trevor pay back at matuity? When is the matirily date? 3. How much cash interest wil Trever pay eoch six monthe? 4. How much interest expense wit Trevor report each six msebsis? Use the straight-line amortizaton method doumalice the entries for the acorual of interest and the amoctirasion of premium on Docember 31, 2029, and payment of interest on Janiacy 1,2022

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