QS 14-4 Recording bond issuance and interest LO P1, P2, P3 4.54 points On January 1, Renewable Energy Issues bonds that have a $36,000 par value, mature in four years, and pay 15% Interest semiannually on June 30 and December 31. 1. Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 103. 2. How much interest does the company pay in cash) to its bondholders every six months if the bonds are sold at par? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 1037 Credit No Date General Journal Debit 43,432 Jan 01 Cash 43 242 42,342 Bonds payable Jan 01 342,2343 Cash Premium on bonds payable Bonds payable 42,434 234,2343 Recuired 2 > QS 14-4 Recording bond issuance and interest LO P1, P2, P3 On January 1, Renewable Energy issues bonds that have a $36,000 par value, mature in four years, and pay 15% interest semiannually on June 30 and December 31 1. Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 103%. 2. How much interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Requirdd 2 How much interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par? Semiannual cash interest payment $ 423,423 ( Required 1 Required 2 >