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Sylvestor company issues

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Reference no: EM13901217

Sylvestor Company issues 10%, five year bonds, on December 31, 2012, with a par value of $100,000 and semiannual interest payments. Use the following bond amortization table and prepare journal entries to record 

(a) The issuance of bonds on December 31, 2012; 
(b) The first interest payment on June 30, 2013; 
(c) The second interest payment on December 31,2013. 

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Reference no: EM13901217

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