You issue $500,000 of three-year, 10% bonds. The market rate is 10%. How do you journalize that problem The follow-up problem is. You pay the semi-annual interest to the bondholders. How do you journalize that problem and how do you find out the semi-annual interest.

Answer rating: 100% (QA)

Date Accounts Title Ref Debit Credit Jan01 Cash 5000... View the full answer