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help please, and if you can show even a little bit of work that would help me understand Pretzelmania, Inc., issues 5%, 20-year bonds with
help please, and if you can show even a little bit of work that would help me understand Pretzelmania, Inc., issues 5%, 20-year bonds with a face amount of $50,000 for $56,795 on January 1, 2021. The market interest rate Hor bonds of similar risk and maturity is 4%. Interest is paid annually on December 31. Required: 1. & 2. Record the bond issue and first interest payment on December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Round your intermediate computations and final answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet
help please, and if you can show even a little bit of work that would help me understand
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