Problem 14-7AA Computing bond price and recording issuance LO C2 Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31 The bands have a $33,000 par value and an annual contract rate of 10%, and they mature in 10 years (Table B1. Table B 2. Table B. 3. and Table 8.4)(US appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Required: Consider each separate situation 1. The market rate at the date of issuance is 8% (a) Complete the below table to determine the bonds issue price on January 1 (b) Prepare the journal entry to record their issuance 2. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds' issue price on January 1 () Prepare the journal entry to record their issuance 3. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds issue price on January 1 (b) Prepare the journal entry to record their issuance cos Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 2B Required 3A Required 38 Complete the below table to determine the bonds issue price on January 1 If the market rate at the date of issuance is 8%. Table values are based on: n Cash Flow Table Value Amount Present Value Par (maturity value Interest (annuity) Price of bonds Required 1B > mework (a) Complete the below table to determine the bonds issue price on January 1, (b) Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 12%. (a) Complete the below table to determine the bonds issue price on January 1 (b) Prepare the journal entry to record their issuance Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 2B Required 3A Required 3B Prepare the journal entry to record their issuance, if the market rate at the date of issuance is 8%. View transaction list Journal entry worksheet iu riepare De Juridiny WIELUI en die 3. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds issue price on January 1 (D) Prepare the journal entry to record their issuance Complete this question by entering your answers in the tabs below. Required 1A Required 16 Required 2A Required 2B Required 3A Required 3B ok Prepare the fournal entry to record their issuance, if the market rate at the date of issuance is 10%. View transaction ist Journal entry worksheet 1 ances Record the issue of bonds with a par value of $33,000 on January 1. Assume that the market rate of interest at the date of issue is 10%. Note: Enter debits before credits General Journal Debit Credit Dato January 01 Record entry Clear entry View general journal Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a $33,000 par value and an annual contract rate of 10%, and they mature in 10 years (Table B.1. Table B. 2. Table 8.3, and Table B4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) Required: Consider each separate situation 1. The market rate at the date of issuance is 8% (a) Complete the below table to determine the bondst issue price on January 1 (b) Prepare the journal entry to record their issuance 2. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds issue price on January 1 (b) Prepare the journal entry to record their issuance, 3. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds'issue price on January 1 (b) Prepare the journal entry to record their issuance Complete this question by entering your answers in the tabs below. Required 1A Required 1B Required 2A Required 20 Required A Required 38 Complete the below table to determine the bonds issue price on January 1 if the market rate at the date of issuance is 12%. Table values are based on: n Cash Flow Table Value Amount Present Value Par (maturity) value Interest annuity) Price of bonds (Required 28 Required 3B > 2. The market rate at the date of issuance is 10% (a) Complete the below table to determine the bonds' issue price on January 1. (b) Prepare the journal entry to record their Issuance 3. The market rate at the date of issuance is 12%. (a) Complete the below table to determine the bonds issue price on January 1 (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below. Required 1A Required 18 Required 2A Required 28 Required 3A Required 38 Prepare the journal entry to record their issuance, if the market rate at the date of issuance is 12%. View transaction fint Journal entry worksheet 1 Record the issue of bonds with a par value of $33,000 on January 1. Assume that the market rate of interest at the date of issue is 12%. Note: Enter debits before credits Date General Journal January 01 Debit Credit Record entry Clear entry View general joumal