Question: Hunter Corp. issued 8.5% five-year bonds payable with a face amount of $40,000 when the markot interest rate was 8.5%. Hunter's fiscal year-ond on December

Hunter Corp. issued 8.5% five-year bonds payable with a face amount of $40,000 when the markot interest rate was 8.5%. Hunter's fiscal year-ond on December 31. The bonds pay interest on January 1 and July 1 . Read the reguirement a. issuand Requirement Journalizo the following transactions for Hunter. Incluce an explanation for each entry. a. Issuance of the bonds payable at par on July 1, 2021 b. Accrual of interest expense on December 31, 2021 c. Payment of cash interest on January 1,2022 d. Payment of the bonds payable at maturity (give the date)

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