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Please provide equations for this problem set! Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds:

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Please provide equations for this problem set!

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Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1, 2015 Maturity amount and date: $440,000 due in 10 years (December 31, 2024) Interest: 11.0 percent per year payable each December 31 Date issued: January 1, 2015If the bond sells at 104, when the market rate is 9% The debit to cash will be $ The credit to bonds payable will be $ In Year 1 the interest expense will be $ In year 1, the interest payment will be $ Prepare the journal entries for the issuance of the bond and the 15' interest payment Account Dr Cr The carrying value after year 1 will be If the bond sells at 92, when the market rate is 13% The debit to cash will be $ The credit to bonds payable will be $ In Year '1 the interest expense will be $ In year 1, the interest payment will be 35 Prepare the journal entries for the issuance of the bond and the 1Eil interest payment Account Dr Cr The carrying value after year 1 will be

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