Question: Hello. Can I have a little help on this question, please. On July 1, 2016 Alpha Company sells $1,000,000 face value of 10% five year

Hello. Can I have a little help on this question, please.

On July 1, 2016 Alpha Company sells $1,000,000 face value of 10% five year bonds which call for semiannual interest payments. The bonds are dated April 1, 2016 so these bonds are issued between interest dates. The market rate at the date of issue is also 10%. For simplicity, use a 360-day year and 30 day months for all calculations.

Record the journal entries for the issuance of the bonds
RecordthejournalentriesforthefirstinterestpaymentdueonOctober1,2016.Assumethatinteresthasnotbeenaccruedateachmonthend.
I would like the answer in an hour, please. Thank you.

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2. What types of information are we collecting?

5. How quickly can we manage to collect the information?

3. Tactical/strategic information.