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Homework: Chapter 12 HW score: 0 of 2 pts E12B-31 (similar to 7 of 11 (3 complete) Score: 21.33%, 5.33 of 25 pts Question Help

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Homework: Chapter 12 HW score: 0 of 2 pts E12B-31 (similar to 7 of 11 (3 complete) Score: 21.33%, 5.33 of 25 pts Question Help Review the following three bonds paryable assumptions IClick the loon to view the bond assumptions Joumalize issuenoe of the bond and the first semiannual interest payment under each of the three assumptions The oompany amortizes bond premium and discount by the efledtive-interest amortization method. Explanations are not required. (Record debils firt, then credits. Exclude explanations from any joumal entries Round your Enal anwes to the nearest whole dollar) Assumption 1. Ten-year bonts payable wit, taoe valo of$68,00and stated interest rate of 10%, paid seniannaly. The markstrate of rterest is 10% at issuance. The present value of the bonds at issuance is SB8,000 Joumalzethe "liance ofthe bonds when the market est rate is 10%. Choose from any list or enter any number in the input elds and then click Check Answer Clear Al Check Answer MacBook Ai 3

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