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West Virginia Power Company issued an 8%, 10-year $10000 bond at 87.548 on June 30,2019. The bond pays interest each June 30 and December 31.

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West Virginia Power Company issued an 8%, 10-year $10000 bond at 87.548 on June 30,2019. The bond pays interest each June 30 and December 31. Requirement: A) Record the journal entry for the isuance of bonds on June 30,2019.Omi explanation. Round all calculations to the nearest dollar DATE ACCOUNTS DEBITS CREDITS B) Record the payment of interest and amortication of the discount on December 3t2 the straight-line amortization method Omt expianaton Round all cauttothe dollar JBBP 5 B) Record the payment of interest and amortization of the discount on December 31, 29 the straight-line amortization method. Omit explanation Round all caoators to the w dollar. DATE ACCOUNTS DEBITS CREDITS C) Compute the bonds carying vale as of December 31, 208 Show work Ht A he interest payment) 20

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