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On January 1, 2017 Mazen Company issued bond of $90,000 with 5% interest rate, for 10- year. Instructions Prepare the journal entries to record the

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On January 1, 2017 Mazen Company issued bond of $90,000 with 5% interest rate, for 10- year. Instructions Prepare the journal entries to record the following cases: 1- The issuance of the bonds at face value 2- The issuance of the bonds at 105% its face value 3- The issuance of the bonds at 90 % of its face value 4- The accrual of interest on December 31 on any cases of the above

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