Question: PLEASE HELP ME!! Required information Problem 9.58 (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below] Viking
Required information Problem 9.58 (Algo) Record bond issue and related interest (LO9.5) [The following information applies to the questions displayed below] Viking Voyager specializes in the design and production of replica Viking boats. On January 1,2024, the company issues $1,900,000 of 9% bonds, due in 15 years, with interest poyable semiannually on June 30 and December 31 each year. Problem 9.5B (Algo) Part 3 3. If the market interest rate is 8%, the bonds will issue of $2,064,274. Record the bond issue on January 1,2024 , and the first two semiannual interest payments on June 30, 2024, and December 31, 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest dollar amount.)
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