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On January 1, 2024, Woter Manta issues issues $2, B00,000 of 9 s bonds, die in 15 years, with interest payoale semiannually on June 30
On January 1, 2024, Woter Manta issues issues \$2, B00,000 of 9 s bonds, die in 15 years, with interest payoale semiannually on June 30 and December at each yeas: Required; 1. If the market interest rate is 9R, the boncs wil issue at 52.000,000. Record the bond issue on January 1,2024 , and the first two servannugl interet ptyments on June. 30,2024 and December 31,2024 , 2. If the market ineerest rote is tok, The bonos wir issue at $2.584,786. Record the bond issue on January 1,2024, and the first two semannus interest psyments on June 30 . 2024, and December 31.2024 : 3. If the maiket interest rote is 8% the bonds will issue at $3.042098, fecord the bond issue on January 1, 2024, and the first awo semannual imeres payments on June 30, 2024, and December 31, 2024. Conglete this guestion by entering vour ansusers in the tabs below. Journal entry worksheet
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