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please answer all boxes Queen Energy Inc issued bonds on January 1, 2023, that pay interest semiannually on June 30 and December 31 . The

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Queen Energy Inc issued bonds on January 1, 2023, that pay interest semiannually on June 30 and December 31 . The par vatue of the bonds is $300,000, the annual contract rate is 12%, and the bonds mature in 10 years. (Use TABLE 14A1 and TABLE FAA2) (Use eppropriate factor(s) from the tables provided.) Required: a. For each of these three situations, determine the issue price of the bonds. (Do not round intermediate calculations Round the final answers to the neorest whole dollar.) b. For each of these three situations, prepare the journal entry that would record the issuance, assuming the market interest rate at the date of issuance was (1) 10%, (2) 12%, (3) 14%. (Use PV tobles in determining the issue price of the bonds. Do not round intarmediate calculations. Round the final answers to the nearest whole dollar, Journal entry worksheet 3 Fecord the sale of bonds on original issue date at 10% market interest rate. Whate: Enter detits before credits b. For each of these three situations, prepare the journal entry that would record the issuance, assuming the market interest rate at the date of issuance was (1) 10%, (2) 12%, (3) 14%. (Use PV robles in determining the issue price of the bonds. Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Journal entry worksheet Record issuance of bond payable at 12% market interest rate. b. For each of these three situations, prepare the journal entry that would record the issuance, assuming the market interest rate at the date of issuance was (1) 10%, (2) 12%, (3) 14%. (Use PV tables in determining the issue price of the bonds, Do not round intermediote calculations. Round the final answers to the nearest whole dollar.) Journal entry worksheet Record issuance of bond payable at 14% market interest rate. Notes Enter debite before credits

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