Nero olutions issued an S930000 8%, three-year bond for S 36.00 The bond pays interest annually. at each year end. At at y ter oand rsn be that are notconvetblet es in T mon shares at the investor's option. Thest rate for bonds of simlar PV of $1, PVA of $1, and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 1 Calculate the portion of the bond to liability to nearest tenth dollar.) be recorded as a lability (Round time value factor to 5 decimal places. Round down the bond 2 Provide the entry to record issuance of the bond. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round time value factor to 5 decimal places. Round your intermediate calculations to nearest whole dollar. Round down the bond liability to nearest tenth dollar.) View transaction list Journal entry worksheet Record the entry for issuance of bonds. Note: Enter debits before credits General Journal Debit Record entry Clear entry View general ournal 3 Provide the entries to record interest expense and the annual cash payment each year over the bond's three-year life. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field. Round time value factor to 5 decimal places. Round your intermediate calculations and final answers to the nearest whole dollar. Round down the bond liability to nearest tenth dollar.) View transaction list Journal entry worksheet Record the entry for interest expense and annual cash payment. Note: Enter debits before credits. Year General Journal Debit Credit Year 1 Record entry Clear entry View general journal 5. Provide the entry to record the maturity of the bond, assuming that cash is paid. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round time value factor to 5 decimal places. Round your intermediate calculations to nearest whole dollar. Round down the bond liability to nearest tenth dollar.) View transaction list Journal entry worksheet Record the entry for repayment on bonds payable. Note: Enter debits before credits. General Journal Debit Credit ransaction Reoord entry Clear entry View general journal 6. Provide the entry to record early repayment of the bond, assuming that it was repaid in cash in an open market transaction affer two complete years. Cash of $940,000 was paid, of which $930,700 related to the liability and $9,300 related to the conversion option. (If no entry is required for a transactionlevent, select "No journal entry required" in the first account field. Round time value factor to 5 decimal places. Round your final answers to the nearest whole dollar. Round down the bond liability to nearest tenth dollar.) View transaction list Journal entry worksheet Record the entry for early repayment of bonds. Note: Enter debits before credits. ransaction General Journal Debit Credit Record entry Clear entry View general journal