This is one question and it has three parts , i need help with the last two. Thanks
For some reason im unable to comment on questions so please give me the correct answers .
Problem 9-4B Record bond issue and related interest (LO9-6) The following information applies to the questions displayed below! Viking Voyager specializes in the design and production of replica Viking boats On January 1, 2018, the company issues S1,810,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year References Section Break Problem 9.40 Record bond issue and related interest (096) value Required information 2.00 points Problem 9-4B Part 1 Required: 1. If the market interest rate is 7%, the bonds will issue at $1,810.000. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31 2018. (if no entry is required for a transaction/event, select "No journal entry required" in the first account hela.) View transaction list View journal entry worksheet Activate Windows Go to Settings to activate Window No General Journal Credit Date Debit 1.810.000 Problem 9 48 Part 1 Required: 1. If the market interest rate is 7%, the bonds will issue at 51.810,000. Record the bond issue on January 1, 2018, and the first two semanal interest payments on June 30, 2015, and December 31 2018. (If no entry is required for a transaction/event, select "No journal entry required in the first accountfield View transaction list View journal entry worksheet No Gamal 1 1810 000 January 01, 2018 Cash Bonds payable 1,810.000 2 June 30, 2018 63,350 Interest expense Cash 69 350 3 December 31 2018 Interest expense 63,350 63 350 Cash e Problem 9 4B Part 2 2. If the market interest rate is 8%, the bonds will issue at $1,687,008. Record the bond issue on January 1, 2018, and the first two semanal terest payments on June 30, 2018, and December 31, 2018. If no entry is required for a transaction/event, select "No journal entry required in the first account feld) View transaction list View journal entry worksheet No Date General Journal January 01, 2018 Cash Discount on bonds payable Bonds payable 2 June 30, 2018 Interest expense Discount on bonds payable Cash 3 December 31 2018 Interest expense Discount on bonds payable Cash Problem 9.4B Part 3 3. If the market interest rate is 6%, the bonds will issue at 51,944,641. Record the bond issue on January 1, 2016, and the first two semiannual interest payments on June 30, 2018, and December 31 2018. (If no entry is required for a transaction/event, select "No journal entry required in the first accounted) View transaction list View journal entry worksheet No 1 Date General Journal January 01, 2018 Cash Premium on bonds payable Bonds payable 1944.641 2 June 30, 2018 58 339 Interest expense Premium on bonds payable Cash 3 December 31 2018 Interest expense Premium on bonds payable Cash
