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On January 1, Renewable Energy issues bonds that have a $52,000 par value, mature in ten years, and pay 15% interest semiannually on June 30 and December 31

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On January 1, Renewable Energy issues bonds that have a $52,000 par value, mature in ten years, and pay 15% interest semiannually on June 30 and December 31. 1. 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 on 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. Required i Required 2 Prepare the journal entry for Issuance assuming the bonds are issued at () 99 and (b) 103. View transaction list Journal entry worksheet + 2 Record the issuance for bond at 99. Note Enter debit before credits General Journal Dobit Credit Date Jan 01 Prov 2 of 10 Next >
On January 1, Renewable Energy Issues bonds that have a $52,000 par value, mature in ten years, and pay 15% interest semiannually on June 30 and December 31. 1. Prepare the journal entry for issuance assuming the bonds are issued at (e) 99 and (b) 10372. 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. Required 1 Required 2 How much Interest does the company pay (in cash) to its bondholders every six months if the bonds are sold at par?