M y Wa U h ow Business venture into guided trips down the Amazon River in South America. Additionally, the company wants to add an building on their land to offer more services for local customers. (Click the icon to viewing the financing information) Read the tesuirements Requirement 1. Will the bonds issue at face value, a premium, or a discount? Outdoor Adventure's bonds will be issued at because Requirement 2. Record the following transactions Include dates and round to the nearest dollar Omit explanations. (Round your answers to the nearest whole dollar Record debits first, then credits. Exclude explanations from any joumal entries.) a. Cash received from the bond issue. Date Accounts Debit Credit More info 2020 Jan 2 Outdoor Adventure Company plans to raise the capital by issuing $800,000 of 7% ters-year bonds on January 2, 2020. The bands pay interest semiannually on June 30 and December 31. The company receives 5797.600 when the bands are issued The company also issues a mortgage payable for 5975,000 on January 2, 2020. The proceeds from the mortgage will be used to construct the new building. The mortgage requires annual payments of S65 000 plus interest for fifteen years, payable on December 31. The mortgage interest rate is 8 b. Cash received from the mortgage payable Date Accounts Debit | Credit Print Done 2020 Choose from any list or enter any number in the input fields and then continue to the next question. 145 PM Type here to search S ALIENWARE Outdoor Adventure Company is considering raising additional capital for further expansion. The company wants to finance a new business venture into guided trips down the Amazon River in South America. Additionally, the company wants to add an services for local customers (Click the loon to viewing the financing information.) Read the requirements. c. Semiannual bond interest payments for 2020. Amortize the premium or discount using the straight line amortization method. Start by recording the semiannual bond interest payment on June 30, 2020 Date Accounts Debit Credit 2020 Jun 30 More Info Outdoor Adventure Company plans to raise the capital by issuing $800,000 of 7%, ten-year bonds on January 2 2020. The bonds pay interest semiannually on June 30 and December 31. The company receives $797,600 when the bonds are issued. Now record the semiannual bond interest payment on December 31, 2020 Date The company also issues a mortgage payable for $875.000 on January 2, 2020 The proceeds from the mortgage will be used to construct the new building. The mortgage requires annual payments of 565,000 plus interest for fifteen years, payable on December 31. The mortgage interest rate is 8 Accounts Debit Credit 2020 Dec. 31 Print Done d. Payment on the mortgage payable for 2020 Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Type here to search ALIENWARE O N U O dep down the Amazon River in South America Additionally, the company wants to add another building services for local customers i Click the icon to viewing the financing information) Read the requirements Dec. 31 * More Info d. Payment on the mortgage payable for 2020 Date Accounts Debit Credit 2020 Dec 31 Outdoor Adventure Company plans to raise the capital by issuing S800.000 of 7 en year bands on January 2, 2020. The bonds pay interest semiannually on June 30 and December 31. The company receives $797.600 when the bonds are issued The company also sus amortgage payable for $975,000 on January 2, 2020. The proceeds from the mortgage wil be used to construct the new building. The mortgage requires annual payments of $65.000 plus interest for fifteen years payable on December 31. The mortgage interest rate is 89 Requirement 3. Calculate the total interest expense incurred in 2020 Print Done Total 2020 Interest Expense Bords Mortgage Total Choose from any list of enter any number in the input fields and then continue to the next question O Type here to search ALIENWARE