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please answer all 3 requirements - thanks! %) P128-38A (similar to) Till Spa, Inc. s authorized to issue 9%, 10-year bonds payable. On January 1,
please answer all 3 requirements - thanks!
%) P128-38A (similar to) Till Spa, Inc. s authorized to issue 9%, 10-year bonds payable. On January 1, 2018, when he market interest rate is 12%, the company issues $100,000 of the bonds. The bonds pay interest s annually. (Click the icon to view Present Value of $1 table.)(Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) Upon issuance of the bonds payable, the company received $ Requirements 1. How much cash did the company receive upon issuance of the bonds payable? (Round to the nearest dollar.) 2. Prepare an amotiaontable for the bond using the effective-interest method, through the first two interest payments. (Round to the nearest dollar.) Journalize the issuance of the bonds on January 1, 2018, and the first and 3. bonds on June 30, 2018 and December 31, 2018. Explanations are not required. Print DoneStep by Step Solution
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