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Ch 13 Pt 1 Bond Amortization Assume Kristi Corporation issued a 10%, $1M...

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Accounting

Ch 13 Pt 1 Bond Amortization
Assume Kristi Corporation issued a 10%, $1M bond due in 5 years. The bond sold on January 1,2022, to yield 8%. The company pays interest on June 30th and December 31st.
Determine the issue price of the bond.
Record the necessary journal entries for 2022 assuming the company's fiscal year end is 1231.
Record the necessary journal entries for 2022 assuming the company's fiscal year end is 1031?.
#2 Journal Entries for ALL of calendar year 2022 if FYE is 1231?22. Show calculations and label dates.
#3 Journal Entries for ALL of calendar year 2022 if FYE is 1031?22. Show calculations and label dates.
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