Question: P Co. issues 6% 3 year bonds, with a face value of $200,000 on Jan. 2, 2021. The market rate of interest at the time

P Co. issues 6% 3 year bonds, with a face value

P Co. issues 6% 3 year bonds, with a face value of $200,000 on Jan. 2, 2021. The market rate of interest at the time of issue was 8%. The Bonds pay interest semi- annually. July 1 and Dec. 31. Required: a. Prepare a bond amortization table for the bonds until maturity date. b. Prepare journal entries for the 2021 and 2022

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