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The founder of Frenza asks us to assist her in accounting and analysis of the corporation's bonds, which have an annual contract rate of 8%.

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed The founder of Frenza asks us to assist her in accounting and analysis of the corporation's bonds, which have an annual contract rate of 8%. She wants to know the business and accounting implications of further debt issuances as she looks for ways to finance the growth of Frenza. The following Tableau Dashboard is provided to help us address her questions and provide recommendations for her business decisions. Frenza Bond Amortization Carrying Value Cash \& Inventory for Prepare journal entries to record the issuance of Frenza bonds on January 1 , Year 1. Journal entry worksheet Record the issuance of the bonds on January 1, Year 1. Note: Enter debits before credits. Prepare journal entries to record the first and second interest payments on June 30, Year 1, and December 31 , Year 1. Journal entry worksheet Record the semiannual interest payment and amortization on June 30, Year 1. Note: Enter debits before credits. repare journal entries to record the maturity of the bonds on December 31, Year 3. Journal entry worksheet Record the payment of bonds at the maturity date, December 31, Year 3. Note: Enter debits before credits. 1(a). Prepare journal entries to record the issuance of Frenza bonds on January 1, Year 1. 1(b). Prepare journal entries to record the first and second interest payments on June 30, Year 1, and December 31, Year 1. 1(c). Prepare journal entries to record the maturity of the bonds on December 31, Year 3. 2. Frenza needs to raise money to purchase new equipment. The founder is concerned about losing ownership control of her company. Which of the following ways to raise money would we recommend? 3. Frenza needs to raise money to purchase more inventory. The founder is concerned about the company's ability to make requirec cash payments when cash flows are low. Which of the following ways to raise money would we recommend? Complete this question by entering your answers in the tabs below. Frenza needs to raise money to purchase new equipment. The founder is concerned about losing ownership control of her company. Which of the following ways to raise money would we recommend? (Select all that apply.) 1(a). Prepare journal entries to record the issuance of Frenza bonds on January 1, Year 1. 1(b). Prepare journal entries to record the first and second interest payments on June 30, Year 1, and December 31 , Year 1. 1(c). Prepare journal entries to record the maturity of the bonds on December 31, Year 3. 2. Frenza needs to raise money to purchase new equipment. The founder is concerned about losing ownership control of her company. Which of the following ways to raise money would we recommend? 3. Frenza needs to raise money to purchase more inventory. The founder is concerned about the company's ability to make requir cash payments when cash flows are low. Which of the following ways to raise money would we recommend? Complete this question by entering your answers in the tabs below. Frenza needs to raise money to purchase more inventory. The founder is concerned about the company's ability to make required cash payments when cash flows are low. Which of the following ways to raise money would we recommend? (Select all that apply.)

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