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Question 5 of 5 - 4 E View Policies Current Attempt in Progress Sunland issued $ 320,000 of 54. 5-year bonds on January 1, 2021.

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Question 5 of 5 - 4 E View Policies Current Attempt in Progress Sunland issued $ 320,000 of 54. 5-year bonds on January 1, 2021. Interest is payable semiannually Calculate the price of the bond (0) 4%. (5%, and c)6% (For calculation purposes, se decimal places as displayed in the factor table provided. Round final answer to decimal places, es 5.275.) Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 a Market interest rate 4% $ (5) Market interest rate 5% 5 id Market interest rate $ Prepare the journal entry to record the issuance of the band assuming the market rate of interestis: (a) 4%,0), and (d 6. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Debit Credit No. Account Titles and Explanation Prepare the journal entry to record the ice of the band cuming the market rate of interests) 4x idi ox. Credit account titles are automatically indented when the amount is entered to not indent manually. If no entry is required "No Entry for the account tities and enter for the amounts) No. Account Tities and Explanation Debit Credit [) To record issuance of bonds) (b) To recordance of bonds) (c) (To record issuance of bonds) List of Accounts Attempts of 15 ved Sub Sector

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