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Stheridan Ltd, issued $440,000 of 5%,5 year bonds on January 1, 2024, Interest is payatile semi-annually Click here to virw the factor table. Present Value

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Stheridan Ltd, issued $440,000 of 5%,5 year bonds on January 1, 2024, Interest is payatile semi-annually Click here to virw 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% $ (b) Market interest rate 5% (c) Market interest rate 6% $ Prepare the journal entry to record the issuance of the bond assuming the market rate of interest is: (a) 4%, (b) 5%, and (c) 6%. (dist all debit entries before credit cntries. Credit account tities are automatically indented when the amount is entered. Do not indent manually. if no

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