Help Save & Exit Subm On January 1, Renewable Energy issues bonds that have a $56,000 par value, mature in six years, and pay 15% interest semiannually on June 30 and December 31 1. Prepare the journal entry for issuance assuming the bonds are issued at (99 and (0) 103%. 2. How much interest does the company pay in cash) to its bondholders every six months of the bonds are sold at par? 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. View transaction list Journal entry worksheet Record the issuance for bond at 99. Note: Enter debits before credits Date General Journal Debit Credit Jan 01