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On January 1, 2001, Celtics Co, issued a ten-year bond with a par value of $1,000 (with interest payment to be made semi-annually. The bond's

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On January 1, 2001, Celtics Co, issued a ten-year bond with a par value of $1,000 (with interest payment to be made semi-annually. The bond's coupon rate (annual nominal Interest rate) was 10%. The annual market interest rate at issuance was 8%. Compound interest tables are provided on the last page of this exam) Please show the journal entries at the bond issuance on January 1, 2001 For the toolbar, press ALT+F10 (PC) or ALT+FN-F10 (Mac). B I VS Paragraph Arial 14px AZ I. X 5 FE 3 X X & SETT TT > (6) 2 !!! . - +] 89 + O WORDS POWERED BY TINY Save Answer QUESTION 16 O points Refer to the situation described in problem 1. Please prepare journal entry to record interest expense at the end of the second period on December 31, 2001) For the toolbar.pres ALT F10 (PC) or ALT FNF10 Mac) B 1 V S Paragraph Arial 14px A T. XO > > [+ iii SE X X 3 TT -- 3 19 2 A 09 D 6E BEBE 2 Insert a math equation Mate

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