What

2. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds' issue price on January 1, 2015. Answer is complete but not entirely correct Table values are based on: 20V 6.0% Present Cash Flow Table Value Amount Value 0.3118 V 27,000 8,419 Par (maturity) value 11.4700 15,485X Interest (annuity) 1,350 23,904X Price of bonds repare the journal entry to record their issuance. Answer is not complete Date General Journal Debit V 23,904X Jan 01, 2015 Cash Discount on bonds payable 3,096 Bonds payable 3. The market rate at the date of issuance is 14%. (a) Complete the below table to determine the bonds' issue price on January 1, 2015. Answer is complete but not entirely correct Table values are based on 20V 7.0% Present Cash Flow Table Value Amount Value 0.2584 27,000 6,977 Par (maturity) value 14,302x 1,350X 10.5940 Interest (annuity) 21,279X Price of bonds Credit 27,000X