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help please:) Federal Semiconductors issued 8% bands, dated January 1, with a face amount of $830 million on January 1, 2021 The bonds sold for

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Federal Semiconductors issued 8% bands, dated January 1, with a face amount of $830 million on January 1, 2021 The bonds sold for $753,634,356 and mature on December 31, 2040 (20 years). For bonds of similar risk and maturity the market yield was 9%. Interestis paid semiannually on June 30 and December 31 Required: 1. to 3. Prepare the Journal entries to record their issuance by Federal on January 1, 2021, Interest on June 30, 2021 tot the effective rate) and interest on December 31, 2021 (at the effective rate) 4. At what amount will Federal report the bonds among its liabilites in the December 31, 2021, balance sheet? Complete this question by entering your answers in the tabs below. Req 1 to 3 Reg 4 Prepare the journal entries to record their issuance by Federal on January 1, 2021. Interest on June 30, 2021 (at the effective rate) and interest on December 31, 2021 (at the effective rate). (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 1 1 Record the issuance of the bond on January 1, 2021. 2 Record the interest on June 30, 2021 (at the effective rate). Record the interest on December 31, 2021 (at the effective rate). Cr: Complete this question by entering your answers in the tabs below. Reg 1 to 3 Reg 4 At what amount will Federal report the bonds among its liabilities in the December 31, 2021, balance sheet? (Enter your answers in whole dollars.) Discount Amortization Cash Interest Paid Bond Interest Expense Carrying Value Period-End 01/01/2021 06/30/2021 12/31/2021 Road

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