Question: help on second pic please. Question UI 8 2.5/10 Ivanhoe Inc. issues $752,000 of 5-year, 6% bonds on January 1, 2021. The bonds pay interest

help on second pic please.  help on second pic please. Question UI 8 2.5/10 Ivanhoe Inc.
issues $752,000 of 5-year, 6% bonds on January 1, 2021. The bonds

Question UI 8 2.5/10 Ivanhoe Inc. issues $752,000 of 5-year, 6% bonds on January 1, 2021. The bonds pay interest annually. Click here to view the factor table. Present Value of 1 Click here to view the factor table. Present Value of an Annuity of 1 (a) Your answer is correct. Calculate the issue price of the bonds using a market rate of 5%. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to O decimal places, e.g. 1,575.) Issue price $ 784,558 Record the bond issue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation Date Jan. 1, 2021 784,558 Cash 784 558 Bonds Payable Question 6 of 8 2.5/10 Prepare an effective interest amortization table for the bonds. (Round answers to O decimal places, e.g. 5,275.) IVANHOE COMPANY Bond Premium Amortization Table Effective-Interest Method-Annual Interest Payments 6% Bonds Issued at market rate of 5% Interest Expense Premium Amortization Interest Payment Bond Amorti $ $ Date Jan 1. 2021 Jan. 1. 2022 4 Jan. 1, 2023 Jan. 1. 2024 Jan. 1. 2025 Jan. 1. 2026

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