Please answer both OCS 2 and OCS 3 Show all images Show all images Show all images done loading 10 12 You decided to raise

Please answer both OCS$2$ and OCS $3$

10 12 You decided to raise more capital for your business to help cover the cost of the additional contracts purchased in your acquisitiom Therefore, you issued a bond to raise capital for expansiom Your company also invested in a bond issued by other entities as pan of its investment portfolio use the following transactions to record journal entries On April 1, 2021, issued a 10-year face value bond at par value With a 5% annual interest rate, payable semi- annually On July 1, 2021, purchased a a-year $500,000 face value bond With a 12% annual interest rate issued by XYZ Corporation, payable Assume the market rate is 10% On September 30, 2021, your company paid semi-annual interest to bondholders Provide the journal entry to record the initial transaction of these bonds at their present value co Account round Debit 2021 Trial Balance ocs-l Credit ocs-2 Comment ocs-3