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On Januaryt Renewable Energy issues bonds that have a $48,000 par value, mature in ten...

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Accounting

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On Januaryt Renewable Energy issues bonds that have a $48,000 par value, mature in ten years, and pay 12% 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) 103. 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 Prepare the journal entry for issuance assuming the bonds are issued at (a) 99 and (b) 103V. View transaction to Journal entry worksheet

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