On January 1, Boston Enterprises issues bonds that have a $1,350,000 par value, mature in 20 years, and pay 8% interest semiannually on June 30 and December 31 The bonds are sold at par 1. How much interest will Boston pay on cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1, the first interest payment on June 30, and (c) the second Interest payment on December 31 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 97 and (b) 103 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required a How much interest will Boston pay in cash) to the bondholders every six months? Par maturity Semiannual Semiannual Cash Interest Payment Required 2 > Required 1 Required 2 Required a Prepare journal entries to record (a) the issuance of bonds on January 1, (b) the first interest payment on June 30, and the second Interest payment on December 31 View transactionist Journal entry worksheet 1 2 > Record the issue of bonds at par on January 1 Gelone Db Bate January 01 Credit View Required 1 Required 2 Required 3 Prepare the journal entry for issuance assuming the bonds are issued at (a) 97 and (b) 103. View transaction fist Journal entry worksheet 1 2 Record the issue of bonds at 97 Note Enter debits before credits General Journal Date January 01 Debit Credit Record entry Clear entry View general journal