# How Do I Find The Correct Debit Value And Am I Missing Any Additions To The General Journal?

Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to quest Hartford Research issues bonds dated January 1 that pay interest semiannually on June 30 and December 31. The bonds have a
\$40,000 par value and an annual contract rate of10%, and they mature in 10 years. (Table 8.1, Table 8.2, Table B3, and Table 8.4) (Use
appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in 2.5 calculations. Round your quot;Present Valuequot; answers to the nearest whole dollar amount.) points Required: Consider each of the following three separate situations. 1. The market rate at the date of issuance is 8%. (a) Complete the below table to determine the bonds’ issue price on January 1.
(b) Prepare the journal entry to record their issuance. 2. The market rate at the date of issuance is 10%. (a) Complete the below table to determine the bonds’ issue price on January 1.
(b) Prepare the journal entry to record their issuance. 3. The market rate at the date of issuance is 12%. (a) Complete the below table to determine the bonds‘ issue price on January 1.
(b) Prepare the journal entry to record their issuance. 9 Answer is not complete. Complete thls questlon by enterlng your answers In the tabs below. Req 1A Req 1E5 Req 2A Req 25 ‘ Req 3A Req 3B Prepare the journal entry to record their issuance, if the market rate at the date of issuance is 8%. 1 Jan 01 Cash 0 40,000 9
Bonds payable 9 40.000 9 Financial Accounting