THE ISSUE BOND IS PROVIDED BUT SHOW RHE CALCULATIONS

Ch $13$ Pt $1$ Bond Amortization

Assume Kristi Corporation issued a $10\%,$ $$1$M bond due in $5$ years. The bond sold on January $1,2022,$ to yield $8\%.$ The company pays interest on June ${30}^{th}$ and December ${31}_2^{st},$ Semianually.

Determine the issue price of the bond. $1,081,105.$

Record the necessary journal entries for $2022$ assuming the company's fiscal year end is $\frac{12}{31}.$

Record the necessary journal entries for $2022$ assuming the company's fiscal year end is $\frac{10}{31}.$

#$1$ Issue Price: Show calculations $=1,081,105=CV=$

#$2$ Journal Entries for ALL of calendar year $2022$ if

#$3$ Journal Entries for ALL of calendar year $2022$ if

FYE is $\frac{12}{31}\frac{?}{22}.$ Show calculations and label dates.

FYE is $\frac{10}{31}\frac{?}{22}.$ Show calculations and label dates.