Question: Help Save & Ext Subir On January 1, Boston Enterprises issues bonds that have a $1.450.000 par value, mature in 20 years, and pay 9%

 Help Save & Ext Subir On January 1, Boston Enterprises issues
bonds that have a $1.450.000 par value, mature in 20 years, and
pay 9% interest semiannually on June 30 and December 31. The bonds

Help Save & Ext Subir On January 1, Boston Enterprises issues bonds that have a $1.450.000 par value, mature in 20 years, and pay 9% interest semiannually on June 30 and December 31. The bonds are sold at par 1. How much interest will Boston pay in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1 (b) the first interest payment on June 30, and (c) the second Interest payment on December 31 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 95 and (b) 105, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required How much interest will Boston pay in cash) to the bondholders every six months Par maturity) Value Semiannual Rate mint Semiannual Cash Interest Payment mences Required 2 > Required: Required 2 2. Required Prepare yournal entries to record(a) the issuance of bonds on January 1, () the first interest payment on June 30, and (c) the second interest payment on December 31 20 point View transactions Journal entry worksheet -Bo > Record the issue of bonds at par on January 1 ordetits bort Dent Crest res January 01 Berry Clean Required 1 2 Required 2 Required 3 Prepare the journal entry for issuance assuming the bonds are issued at () 95 and (b) 105. View transaction list ts Journal entry worksheet eBook 1 2 > Record the issue of bonds at 95. Hint Note: Enter debits before credits Print Date January 01 General Journal Debit Credit References Record entry Clear entry View general Journal Required 2

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