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On January 1, 2001, Celtics Co. issued a ten-year bond with a par value of $1,000 (with interest payment to be made semi-annually. The bond's coupon rate (annual nominal interest rate) was 10%. The annual market interest rate at issuance was 8%. (Compound interest tables are provided on the last page of this exam) Please show the journal entries at the bond issuance on January 1, 2001. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B 1 U Paragraph Arial 14px I % d Q Entry Debit Credit January 1, 2001 - 6 WORDS POWERED BY TINY QUESTION 16 O points Save Answer Refer to the situation described in problem 1. Please prepare journal entry to record interest expense at the end of the second period (on December 31, 2001) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI VS Paragraph Arial 14px : A TK Xa Q O WORDS POWERED BY TINY