On June 1, 2023. JetCom Inventors inc. issued a $510.00012%, three-year bond. Interest is to...

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On June 1, 2023. JetCom Inventors inc. issued a $510.00012%, three-year bond. Interest is to be paid semiannually beginning December 1, 2023. Required: o. Calculate the issue price of the bond assuming a market interest rate of 13\%. (Do not round intermediate calculations. Round the final answer to the neorest whole dollar.) b. Using the effective interest method, prepare an amortization schedule. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) b. Using the effective interest method, prepare an amortization schedule. (Do not round intermediate calculations. Round the final answers to the nearest whole dollor. Enter all the amounts as positive values.) Part 1 Prepare journal entries to the following. (Do not round intermediate calculotions. Round the final answers to the nearest whale dollar.) o. Issuance of the bonds on June 1, 2023 o. Issuance of the bonds on June 1,2023 b. Payment of interest on December 1, 2023 c. Adjusting entry to accrue bond interest and discount amortization on January 31. 2024 d. Payment of interest on June 1, 2024 Assume JetCom inventors inc. has a January 31 year-end. Journal entry worksheet 4 Record issued bond at discount: Note: Enter debuts before credes. Issuance of the bonds on June 1,2023 b. Payment of interest on December 1,2023 c. Adjusting entry to accrue bond interest and discount amortization on January 31, 2024 d. Payment of interest on June 1, 2024 Assume JetCom Inventors Inc. has a January 31 year-end. Journal entry worksheet Note: Enter debits before credits. uvinar.) a. Issuance of the bonds on June 1, 2023 b. Payment of interest on December 1,2023 c. Adjusting entry to accrue bond interest and discount amortization on January 31. 2024 d. Payment of interest on June 1, 2024 Assume JetCom Inventors Inc. has a January 31 year-end. Journal entry worksheet Note: Enter debits before credits. a. Issuance of the bonds on June 1,2023 b. Payment of interest on December 1,2023 c. Adjusting entry to accrue bond interest and discount amortization on January 31, 2024 d. Payment of interest on June 1, 2024 Assume JetCom Inventors Inc. has a January 31 year-end. Journal entry worksheet

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