Question: please help On January 1, Renewable Energy issues bonds that have a $40,000 par value, mature in eight years, and pay 16% interest emiannually on
please help
On January 1, Renewable Energy issues bonds that have a $40,000 par value, mature in eight years, and pay 16% interest emiannually on June 30 and December 31. . Prepare the journal entry for issuance assuming the bonds are issued at (a)99 and (b)1031/2. . How much interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par? Complete this question by entering your answers in the tabs below. Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 1031/2. Journal entry worksheet Note: Enter debits before credits
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