on the bonds id paybble semiannusliy on December 31 and fune 30 . The fiscal year of the company is me calendar year Required: 2. Jounalize the entries fo recond the following 3 Defermine the folal interest exeense for rort 4 We the bond proceeds alrars be less man the face amount of the bonds when the contract rate as iess than the markef rase of inferest? 5 Compute the ance of 331,399,470 recelved for the bands by using be present value tabies