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Moving to another question will save this response. Question of 27 question 9 3 points Save te is paid seminally on le 30 and December

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Moving to another question will save this response. Question of 27 question 9 3 points Save te is paid seminally on le 30 and December 31. The market rate is 19 t On Janary 1, a copy issues bonds dated Juary 1 with a par value of 5550.000 The bonds mabure is 5 years. The contract rate is 6% and i and the bonds are sold for 5527.119. The journal entry to record the second o n the effective method of amortizations Debit Interest Payable 516,500.00, credit Cash $16.50000 Debet interest Expense 518,449.16; credit Duscount on Bonds Payable 51,949.16, cred Cash $16.500.00 Debet Interest Expense 515,51738, credt Discount on Bonds Payable $2.0123 credit Cash $16.500.00 Debat lotere peste 514,550 $4, debit Discount on Bondi Pwywile 51,940 16. credit Cards 536,500.00 Dette Expense 14.550.64 db Premium Bed Payable 51.90916, credit Cash $16.500.00 > Moving to another question will save this response. Question of 27

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