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on January 1 2019 snuggly bunny ltd. issued 6000000 of 4% fifteen-year bonds priced to yield 5%. interest is payable on june 30 Nd december

on January 1 2019 snuggly bunny ltd. issued 6000000 of 4% fifteen-year bonds priced to yield 5%. interest is payable on june 30 Nd december 31. snuggly repurchased the outstanding bonds on july 1 2021 at which time the market rate of interest is 3.5%. prepare the following entries 1. January 2019 2. july1 2021

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