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Problem! The Coswald Corporation will issue $500,000,6%, 5 year bonds on January 1, 2022. Interest is paid mully on January Instructions 1 Record the journal

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Problem! The Coswald Corporation will issue $500,000,6%, 5 year bonds on January 1, 2022. Interest is paid mully on January Instructions 1 Record the journal entries for January 1, December 31, 2022. and January 1, 2023, under the following independent assumptions: a. The bonds are issued at face value b. The bonds are issued at 97. 2. Show the balance sheet presentation on December 31, 2022, for a and above

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