Question: please complete all 5 parts (PLEASE HAND WRITE OR MAKE SURE THE ANSWER IS NOT CROP OUT , PLEASE DO NOT CROP OUT) National Orthopedics

please complete all 5 parts (PLEASE HAND WRITE OR MAKE SURE THE ANSWER IS NOT CROP OUT , PLEASE DO NOT CROP OUT)
please complete all 5 parts (PLEASE HAND WRITE OR MAKE SURE THE
ANSWER IS NOT CROP OUT , PLEASE DO NOT CROP OUT) National
Orthopedics Co. Issued 9% bonds, dated January 1, with a face amount
of $500,000 on January 1, 2021. The bonds mature on December 31,
2024 (4 years). For bonds of similar risk and maturity the market
yield was 10%. Interest is paid semiannually on June 30 and December
31, (EV S1. P of $1. EVA of $1. PVA of S1,

National Orthopedics Co. Issued 9% bonds, dated January 1, with a face amount of $500,000 on January 1, 2021. The bonds mature on December 31, 2024 (4 years). For bonds of similar risk and maturity the market yield was 10%. Interest is paid semiannually on June 30 and December 31, (EV S1. P of $1. EVA of $1. PVA of S1, EVADA 51 and PVAR 51) (Use appropriate factor(s) from the tables provided.) Required: 1. Determine the price of the bonds at January 1, 2021 2. Prepare the Journal entry to record their issuance by National on January 1, 2021 3. Prepare an amortization schedule that determines interest at the effective rate each period. 4. Prepare the journal entry to record interest on June 30, 2021 5. Prepare the appropriate journal entries at maturity on December 31, 2024 Required 1 Required 2 Required 3 Required 4 Required 5 Determine the price of the bonds at January 1, 2021. (Round final answers to the nearest whole dollar.) Table values are based on Amount Present Value Cash Flow Interest Principal Price of bonds Prepare the journal entry to record their issuance by National on January 1, 2021. (If no entry is required for a transaction/event, select "No journal entry required in the first account field, Round intermediate calculations and final answers to the nearest whole dollar.) View transaction list Journal entry worksheet Record the issuance of the bonds on January 1, 2021. Note: Enter debits before credits Debit Credit General Journal Date January 01, 2021 Prepare an amortization schedule that determines interest at the effective rate each period, (Round intermediate calculations and final answers to the nearest whole dollar.) Cash Intemat Dond Interest Expense Discount Amortization Carrying Value Sarannu Interest Period-End 01/01/2021 06/30/2021 12/31/2021 06/30/2022 12/31/2022 06/30/2023 12/31/2023 06/30/2024 12/31/2024 Total Prepare the journal entry to record interest on June 30, 2021. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Round Intermediate calculations and final answers to the nearest whole dollar.) View transaction llat Journal entry worksheet Record the interest expense on June 30, 2021. Note: Enter debits before credits Debit General Journal Date Credit June 30, 2021 Prepare the appropriate journal entries at maturity on December 31, 2024. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Round intermediate calculations and final answers to the nearest whole dollar.) View transaction ist Journal entry worksheet Record the interest expense on December 31, 2024. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2024 1. Determine the price of the bonds at January 1, 2021. 2. Prepare the journal entry to record their issuance by National on January 1, 2021. 3. Prepare an amortization schedule that determines interest at the effective rate each period. 4. Prepare the journal entry to record interest on June 30, 2021, 5. Prepare the appropriate journal entries at maturity on December 31, 2024

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