Question: help me please!! WEBCAM RECORDING Remaining Time: 1 hour, 59 minutes. 32 seconds. Question Completion Status: Moving to another question will save this response Question

help me please!!

WEBCAM RECORDING Remaining Time: 1 hour, 59 minutes. 32 seconds. Question Completion Status: Moving to another question will save this response Question 1 of 1 1 Question 1 8 points Save Alwer (8 Grades) On 1/1/2020, Blue Company issued 5 year, 8% bonds with a par value of $400,000. The company received $320,000 in cash Interest is paid semiannualy on 30 June and 31 December every year Required: (1) Prepare the journal entry to record the bonds issuance on 1/1/2020 (2) Prepare the journal entry to record the interest payment and the amortization of bond discount or premium on 30/0/2020 (3) Prepare the journal entry to record the repayment of bonds on 31/12/2024 CLEARLY INDICATE THE DEBITS & CREDITS Example: on 1 January 2020, XYZ Company pays $10,000 cash to purchase and Answer 31/1/20229 Dr Land 10.000 Cr Cash 10,000 SEE > For the toolbar, press ALT10 (PC) or ALTOFNF10 Mac Arial y S Paragraph I. XQ V 30pt E A OWORO ROAD AY TINY

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