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Recotding bond issuance and interest P1 On January 1. Boston Enterprises nswes bonds that have...

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Accounting

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Recotding bond issuance and interest P1 On January 1. Boston Enterprises nswes bonds that have a 53,400,000 par valse, nature in 20 years, and pay 996 interet vemuanually on June 30 and December 31 The bonds are sold at paf 1. How much interest will the iswee pay (in eash) to the bondboldes every six mentha? 3. Prepure the journal entry for issuance assuming the bonds are isued at (a)98 and (b) 102

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