On January 1, Boston Enterprises issues bonds that have a $1,650,000 par value, mature in 20 years, and pay 10% interest semiannually on June 30 and December 31. The bonds are sold at par. 1. How much interest will Boston pay (in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1: (b) 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) 95 and (b) 105. ces Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much interest will Boston pay (in cash) to the bondholders every six months? Par (maturity) Value Semiannual Semiannual Cash Interest Payment Rate Prepare journal entries to record (a) the issuance of bonds on January 1; (b) the first interest payment on June 30; and (c) the second interest payment on December 31. View transaction list Journal entry worksheet 1 2 3 Record the issue of bonds at par on January 1. Note: Enter debits before credits Date General Journal Debit Credit January 01 Perordeniny Clear entry View general Journal Prepare journal entries to record (a) the issuance of bonds on Jan Interest payment' on December 31. View transaction list Journal entry worksheet 1 20 any 3 Record the interest payment on June 30. Note: Enter debits before credits. Date General Journal June 30 Debit Recorded Clear ents View gent Journal entries to record (a) the issuance of bonds on January 1; ( nterest payment on December 31. View transaction list Journal entry worksheet 1 2 3 Record the interest payment on December 31. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Required 1 Required 2 Required 3 Prepare the journal entry for issuance assuming the bonds are issued at (a) 95 and (b) 105. View transaction list Journal entry worksheet