Question 1. Bonds Robinson Inc., as a public company, issues $3 million of 10%, 10-year, corporate bonds on January 1, 2010. The bonds pay interest on every January 1 after the issuance Required: 1) If market rate on issue date is 10%, prepare journal entries for the issuance andjournal entries at the end of December 2010, 2011, and 2019 122-prepare jound enties entries at the end t Dewmbo 2 nd 201 21 1t maiket Yate on issue da te is and jounal 3 t manket and ouant ented at the issuane issue dete is 8%. plepre onal entres ter the issunle the end t Yate on Dewmbes 20 ,201 & 2011