Question: Problem 10-1AA Computing bond price and recording issuance LO C2, P1 Hartford Research issues bonds dated January 1, 2017, that pay interest semiannually on June










Problem 10-1AA Computing bond price and recording issuance LO C2, P1 Hartford Research issues bonds dated January 1, 2017, that pay interest semiannually on June 30 and appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in December 31. The bonds have a Table R , and Table R (use $27,000 par value and an annual contract rate of 12%, and they mature in 10 years. One e t Tawe B2 calculations) Required Consider cach of the following three separate situations. 1. The market rate at the date of issuance is 10%. (a) Complete the below table to determine the bonds' issue price on January 1,2017 (b) Prepare the journal entry to record their issuance 2. The market rate at the date of issuance is 12% (a) Complete the below table to determine the bonds' issue price on January 1, 2017 (b) Prepare the journal entry to record their issuance 3. The market rate at the date of issuance is 14%. (a) Complete the below table to determine the bonds issue price on January 1, 2017 (b) Prepare the journal entry to record their issuance. Complete this question by entering your answers in the tabs below
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