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QUESTION 7 pi On y 1.2022 Company A loued five year bonds with a face value of 500.000 and started interest rate of peale milyon

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QUESTION 7 pi On y 1.2022 Company A loued five year bonds with a face value of 500.000 and started interest rate of peale milyon June and December 1 The evangeline for this type of band at the date of me was 8% Future Prent Prese Future value of an value of an valor Vale or Present ordinary ordinary nity 1 value of annuity annet des 3 1. 112 0.74726 431936 446511 5 1.46933 ROCK 3.9271 4.3123 10 1.14192 0.74400 11.4 R.S3020 8.78611 19 10 1.4 0.67556 12001 11000 8.43513 494 TO 1790NS 0.3519 109 7.36009 7.016 69 TO 2.1.5892 0416119 14 48660 6.71 7 24689 % 56700 S5660 (5 points) 1. Calculate the issue price or the bends. 2. Record the issuance of the bonds on 1/1/22 (11 Points) Account the Tebit Credit 3. Prepare the journal entry to record the payment of interest on 12/31/23 on A Company's books using the effective interest method of smertuation of bond premium or discount.ints) Credit Debut Account Title (5 points) 1. Calculate the lone price of the hands. 5 2. Record the issue of the bends on 1/1/22 (1 Points) Account Title Debi Credi 3. Prepare the journal entry to record the payment of interest on 12/34/23 on A Company's books using the effecthe Interest method of marketin of brand premium or det inte Account Title Det Credit 5. The total interest expense that will be recognized over the life of the bond is 7 points) 6. The impact of the bond on 2023 Income given a 20% tax rate is For the toolbar, press ALT+F10 (PC) or ALTFNF10 (Mac) B 1 VS Paragraph Arial DE A T. 2 X 10 14px v TT BB . x x BEE * 2 + 22 B

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