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Pretzelmania, Inc: issues 6%,10-yesr bonds with a face amount of 566,000 for 3744 on fanuary...

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Accounting

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Pretzelmania, Inc: issues 6%,10-yesr bonds with a face amount of 566,000 for 3744 on fanuary 1,2021 The moket interest rye for bonds of similar risk and maturity is 5x. Interest is paid semiannusly on june 30 and December 3 ? Required: 1. 8 2. Recosd the bond issue and first interest payment on dune 30, 2021. af no entry is required for a perticuiar thansactoniovent; select "No Journal Entry Requlred" in the firat account field. Round your intermediate computations and final anbeers to the nearest whole dollar amount.) Journal entry worksheet Record the bond iswe on Januacy 1, 2021 . Pretzeimanko, inc, hsues 6%10 year bonds with a foce amount ot 566,000 for 571.144 co january 1. 2021 . The muker imterest rate for bonds of similer risk and maturity is 5y. Interest is paid semiannually on dune 30 and December 3t. Required: 1. 3 2. Record the bond issue. and first intecest payment on June 30, 2021 (if no entry h required for a particular tranactionievent, select "No Journal Entry Required" in the fint account field. Round your intermedlate computations and final answers to the nearest whole dottar amount.)

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