How are the bonds issued, what is the appropriate journal entryProvide example for issuing bondsHow do we determine the present value of a bond when market rate differs from its contract rateHow do we record the interest payment $($provide examples for both premium and discount amortization$),$ using the effective interest method?What is the difference between the effective interest method and the straight line method when amortizing either a discount or a premium?Cite and give credit to the author that you are citing