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PROBLEM 10.5A Green Mountain Power Company obtained authorization to taste 20-year bonds with a face value of $10 miltion. The bonds sie dated May 1,

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PROBLEM 10.5A Green Mountain Power Company obtained authorization to taste 20-year bonds with a face value of $10 miltion. The bonds sie dated May 1, 2018, and have a contrast rate of interest of 10 percent. They pay interest on November und May. The bonds were isted on August 1, 2018, at 100 plus the month accrued interest Instructions Prepare the necessary pooral entries in general journal form as the following M. August 1. 2018, to record the time of the bondi 6. November 1, 2015.to record the fine semiannual interest parment on the bood hot c. December 31, 2018, to recorded expertened through year-end (Round to the nearest dollar May 1, 2016. 1 record the second semiannual interest payment Round to the nearest dollar What was the prevailing market rate of interest on the date that the bonds were sed Explain PROBLEM 10.5A Green Mountain Power Company obtained buthorization to use 20-year bonds with a face value of 510 million. The bonds are dated May 1, 2015, and have a contract rate of interest of 10 percent. They pay interest on November and Mary. The bonds were dont on August, 2016 at 10plus three month red interest Prepare the necesary journal entries in general poursul form on the following . August 1. 2015. to cord theme of the bod b. November 1, 2018.60 record the first senteret payment on the bond issue December 31, 2015. to record interest experienced through year end Round to the neare dolor d. May 1, 2018, cord the second seminal interest porment Round to the seat dollar . What was the perestling market ise of interest on the date that the bonds were sted Explain

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