Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate comple On January 1, Renewable Energy issues bonds that have a $30,000 par value, mature in six years, and pay 14% interest semiannually on June 30 and December 31. 1. Prepare the journal entry for issuance assuming the bonds are issued at a 99 and (6) 103 2. How much interest does the company pay (in cash) to its bondholders every six months of the bonds are sold at par? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 103. No Debit Credit Date Jan 01 General Journal Cash Discount on bonds payable Bonds payable 29,700 300 30.000 earch