Check my work 20 Exercise 10-18A (Algo) Computing bond interest and price; recording bond issuance LO C2 0.68 points Citywide Company issues bonds with a par value of $84,000. The bonds mature in eight years and pay 12% annual interest in semiannual payments. The annual market rate for the bonds is 10%. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) eBook 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds' issuance. Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Compute the price of the bonds as of their issue date. (Round intermediate calculations to the nearest dollar amount.) References Table Values are Based on: n = i = Cash Flow Table Value Amount Present Value Par (maturity) value Interest (annuity) Price of bonds $ 0 Required Required 2 > Ch 10: HW i Saved Help Save & Exit Submit Check my work 20 Exercise 10-18A (Algo) Computing bond interest and price; recording bond issuance LO C2 0.68 points Citywide Company issues bonds with a par value of $84,000. The bonds mature in eight years and pay 12% annual interest in semiannual payments. The annual market rate for the bonds is 10%. (Table B.1. Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided.) eBook 1. Compute the price of the bonds as of their issue date. 2. Prepare the journal entry to record the bonds' issuance. Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Prepare the journal entry to record the bonds' issuance. (Round intermediate calculations to the nearest dollar amount.) References View transaction list Journal entry worksheet Record the issuance of the bonds for cash. Note: Enter debits before credits. Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal