Horton Micro Chip Company issued $100,000 of face amount of 6-year bonds on January 1, 20X1. The bonds were issued at 103, and bear interest at a stated rate of 8% per annum, payable semiannually. The premium is amortized by the straight-line method. (a) Prepare the journal entry to record the initial issue on January, 20X1. (b) Prepare the journal entry that Horton would record on each interest date. (c) Prepare the journal entry that Horton would record at the maturity of the bonds.

How your answer would be if Horton Micro Chip Company issued another new bond of 100 of its 5-year, 8% bonds at par?

PLEASE HELP WITH QUESTION 4, 5, & 6

If Horton Micro Chip Company issued another new bond of 100 of its 5-year, 8% bonds at par, the following entries would be required : If Horton Micro Chip Company issued another new bond of 100 of its 5-year, 8% bonds at par, what would be the journal entry every six months for the next five years? Question 6 1 pts If Horton Micro Chip Company issued another new bond of 100 of its 5 -year, 8% bonds at par, what would be the Journal Entry at maturity of the bond? \begin{tabular}{lc} \hline BondsPayableCash & 100,000 \\ \hline \multicolumn{1}{c}{CashBondsPayable} & 100,000 \\ \hline BondsPayableBondReceivable & 100,000,000 \\ \hline BondsPayableCash & 100,000 \\ Premium on Bond Payable 3,000 \\ \hline \end{tabular}