Question: E10-9 Computing the Issue Price of a Bond with Analysis of Net Earnings and Cash Flow Effects LO10-3, 108 Imal Compary issued a $1.500 mition

E10-9 Computing the Issue Price of a Bond with Analysis of Net Earnings and Cash Flow Effects LO10-3, 108 Imal Compary issued a $1.500 mition bond that matures in twe years. The bond has a 8 percent coupon rate. When the band was Issuod, the market rate was 4 percent. The bond pays interest twee per year, on Jure 30 and December 31. Use Tablo 96 .1. Ilabie Required: 1. Record the issuance of the bond on June 30. (Phound time valus factor to 4 decimal places. Enter your answers in doilanz not in "No jeumat entry requited" In the flist account field.) Journal entry worksheet flecord the issuance of bond on June 39th. buscoutit

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