Saved E10-3 1 On January 1, Boston Enterprises issues bonds that have a $2,000,000 par value, mature in 20 years, and pay 10% interest semiannually on June 30 and December 31. The bonds are sold at par. 1. How much interest wil Boston pay in cash) to the bondholders every six months? 2. Prepare journal entries to record (a) the issuance of bonds on January 1. (b) the first interest payment on June 30, and (c) the second interest payment on December 31 3. Prepare the journal entry for issuance assuming the bonds are issued at (a) 96 and (b) 104. points eBook Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required How much interest will Boston pay (in cash) to the bondholders every six months? Par maturity Value Siemiannual Semiannual Cash Rate Interest Payment Required 2 > M G Prey 1 of 1 : Next Saved E10-3 HII pay I VELICE 1 View transaction list 3 points Journal entry worksheet 1 2 3 eBook Hint Record the issue of bonds at par on January 1. Print References Note: Enter debits before credits Date General Journal Debit Credit January 01 Record entry Clear entry View general journal Mc HI GE Prov 1 of 1 !!! Next Saved E10-30 TRIEDL pay We Ji. 1 View transaction list 3 points Journal entry worksheet 1 2 3 eBook Hint Record the interest payment on June 30. Print References Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general Journal Mc GEW Hill Prey 1 of 1 !!! Next Saved E10-3 HII SL payine UIT JA 1 View transaction lit 3 points Journal entry worksheet