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plz amswer these asap. they are all parts of one question. Question 2 of 4 5/40 !!! View Policies Show Attempt History Current Attempt in

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Question 2 of 4 5/40 !!! View Policies Show Attempt History Current Attempt in Progress On January 1, 2021, Bonita Ltd issued bonds with a maturity value of $5.20 million for $4.999.280, when the market rate of interest was 10%. The bonds have a contractual interest rate of 9% and mature on January 1, 2026, Interest on the bonds is payable semi-annually on July 1 and January 1 of each year. On January 1, 2021. Ivanhoe Company, a public company purchased Bonita Ltd. bonds with a maturity value of $1.04 million to earn interest. On December 31, 2021, the bonds were trading at 99. Both companies' year end is December 31. Question 2 of 4 5/40 E Um multiple attempts Wimpact your score. 40% score reduction after attempt 4 Part 2 Prepare the journal entry for Ivanhoe Company (investor) on January 1, 2021. (Credit account titles are automatically indented when the amount is entered.Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round answers to decimal places, es 5.275.) Date Account Titles and Explanation Debit Credit Jan. 1 (To record purchase of investment.) e Textbook and Media Attempts: 0 of 5 used Submit Answer Sart for Liter Using multiple attempts will impact your score 40% score reduction after attempt 4 24C Partly su 6 Question 2 of 4 5/40 !!! Bond Discount Amortization Table Effective Interest Method-Semi-annual Interest Payments 9% Bonds Issued at market rate of 10% (B) (C) Interest Revenue Discount Amortization (A) Interest Received Date (D) Bond Amorti Jan. 1. 2021 $ July 1. 2021 $ $ $ Jan. 1 2022 July 1 2022 Jan 1 2023 3 0 240 Partly sunny Question 2 of 4 > 5/40 11! Part 4 Prepare the journal entries for Ivanhoe Company to record: (1) The receipt of interest on July 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, eg. 5.275) Date Account Titles and Explanation Debit Credit July 1 (To record collection of interest on bonds. (2) The accrual of interest on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, eg. 5,275.) oc 24C Partly sunny Maps 16 Question 2 of 4 5/40 To accrue interest revenue. (3) The receipt of interest on January 1, 2022. (Credit account titles are automatically indented when the amount is entered.Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal ploces, eg. 5,275.) Date Account Titles and Explanation Debit Credit Jan. 1 (Collection of interest receivable.) eTextbook and Media Attempts:0 of 5 used Submit Answer Save for Later Using multiple attempts will impact your score. 4096 score reduction after attempt 4 Part 5 5 Question 2 of 4 5/40 Part 6 Prepare the journal entry for Bonita Ltd. (investee) on January 1, 2021. (Credit account titles are automatically indented when the amount is entered.Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit Jan. 1 (To record issuance of bonds payable.) e Textbook and Media Attempts: 0 of 5 used Submit Answer Save for barer Using multiple attempts will impact your score. 40% score reduction after attempt 4 D57

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