Question: please provide complete solution thank you q1 Question 1 2 pts An entity issued P800,000 of 12% face value bonds for P851,706. The bonds were

please provide complete solution thank you q1 Question 1 2 pts

please provide complete solution thank you

Question 1 2 pts An entity issued P800,000 of 12% face value bonds for P851,706. The bonds were dated and issued on April 1, 2020, are due March 31, 2024, and pay interest semi-annually on September 30 and March 31. The company sold the bonds to yield 10%. Determine the total amount included under liabilities in the entity's statement of financial position as of December 31, 2020 from this obligation. 0 846,291 O 864,741 0867.449 843.449

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