Question: 13 Required information Problem 9-4A Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.) On January 1, 2021,

13 Required information Problem 9-4A Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $590,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9.4A Part 2 2. If the market interest rate is 9%, the bonds will issue at $541,948. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Round your answers to the nearest dollar amount.) ! Required information Problem 9-4A Record bond issue and related interest (LO9-5) [The following information applies to the questions displayed below) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, Issues $590,000 of 8% bonds, due In 15 years, with interest payable semiannually on June 30 and December 31 each year. Problem 9-4A Part 3 3. If the market interest rate is 7%, the bonds will issue at $644,257 Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.) View transaction list Journal entry worksheet 1 2 3
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