Saved Homework Help Save & Exit Submit Check my work Eper 3 Exercise 10-17A Computing bond interest and price; recording bond issuance LO C2 www Citywide Company issues bonds with a par value of $68,000. The bonds mature in six years and pay 8% annual interest in semiannual payments. The annual market rate for the bonds is 6%. (Table 8.1. Table 8.2. Table 8.3, and Table 8.4) (Use appropriate factor(s) from the tables provided.) 1. Compute the price of the bonds as of their issue date: 2. Prepare the journal entry to record the bonds Issuance. erest Complete this question by entering your answers in the tabs below. ILO PG Je of $290 fese bondi Required 1 Required 2 terest exp Compute the price of the bonds to their issue date. (Round intermediate calculations to the nearest dall Sur's cash Cashine antred over ra 1 her first interest 0 Prev Next > CHE A 3 4 5 6 & 7 00 9 Q W E R T Y U A S DF G Required 1 Required 2 Prepare the journal entry to record the bonds' Issuance. (Round intermediate calculations to the nearest View transaction list Journal entry worksheet Record the Issuance of the bonds for cash. Note: Enter debits before credits Transaction General Journal Dabit Credit 1 Record entry Clear entry View general Journal & Prov 12