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please fill in the entries Brin Company issues bonds with a par value of $520,000. The bonds mature in 10 years and pay 8% annual
please fill in the entries
Brin Company issues bonds with a par value of $520,000. The bonds mature in 10 years and pay 8% annual interest in semiannual payments. The annual market rate for the bonds is 10\%. (Table B.1. Table. 8.2. Table B.3. and Table B.4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Compute the price of the bonds as of their issue date. (Round all table values to 4 decimal places, and use the rounded tuble values in calculations. Round intermediate calculations to the nearest doliar amounc.) Journal entry worksheet Record the issuance of the bonds for cash. Note: Enter deblits before credits Step by Step Solution
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