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Connect Homework - Chapter 10 Saved Help Save & Exit Submit Exercise 10-3 Recording bond issuance and interest LO P1 On January 1, Boston Enterprises issues bonds that have a $2,100,000 par value, mature in 20 years, and pay 7% interest semiannually on June 30 and December 31. The bonds are sold at par. points 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1. (b) the first interest payment on June 30. and (c) the second interest payment on December 31. 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102. Skipped eBook Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Required 3 How much interest will Boston pay (in cash) to the bondholders every six months? Par (maturity) Value Semiannual Rate Semiannual Cash Interest Payment Requires Required 2 > Connect Homework - Chapter 10 Help Save & Exit Submit 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c) the second interest payment on December 31 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102. Complete this question by entering your answers in the tabs below. points Skipped Required 1 Required 2 Required 3 eBook How much interest will Boston pay (in cash) to the bondholders every six months? Print Par (maturity) Value Semiannual Rate Semiannual Cash Interest Payment References Required Required 2 > Connect Homework - Chapter 10 Saved Help Save & Exit Submit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and (c interest payment on December 31. points View transaction list Skipped Journal entry worksheet eBook Connect Homework - Chapter 10 Saved Help Save & Exit Submit Journal entry worksheet Connect Homework - Chapter 10 Saved Saved Help Save & Exit Submit Journal entry worksheet Connect Homework - Chapter 10 0 Help Save & Exit Submit Required 1 Required 2 Required 3 Prepare the journal entry for issuance assuming the bonds are issued at (a) 98 and (b) 102. View transaction list Journal entry worksheet Skipped