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if bonds are sold at par? question 2 On January 1, Renewable Energy issues bonds that have a $56,000 par value, mature in six years,

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image text in transcribedif bonds are sold at par? question 2
On January 1, Renewable Energy issues bonds that have a $56,000 par value, mature in six years, and pay 15% interest semiannually on June 30 and December 31. 1. Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 103121. 2. How much interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par? How much interest does the company pay (in cash) to its bondholders every six months if

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