Question: please explain work and provide journal entries. Submitted this question Problem #2-Calculate Selling Price of a Bond - Par, Discount and Premium REQUIRED - Calculate

Problem #2-Calculate Selling Price of a Bond - Par, Discount and Premium

please explain work and provide journal entries. Submitted this question

Problem #2-Calculate Selling Price of a Bond - Par, Discount and Premium REQUIRED - Calculate the Bond Issue Price and prepare the journal entry on January 1, 2010 (date of Issuance) for each of the following independent circumstances: 0 Only the Journal Entry on the Date of Issuance Maturity Interest Paid Stated Rate Market Rate 500,000 10 years semi annual Amount A $ 11% 11% B $ 500,000 C $ 500,000 5 years semi annual 8% 9% 2 years semi annual 9% 8% A "Face value: $ 5001000 stated Rate: Market Rate: 1 11% Issue Price: $500,000 Face value: $500,000 B State Rate: 81. Market Kate: 91. C Face vane $500,000 State Kate: 9% Market Rate: 8% 11

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