On 1/1/2020, Bue Company issued 5-year, bonds with a par value of $1,000 000 The company receved S000.000 cah Inest ped semialy on 30 J and 31 Deconber every year Reguired: (1) Prepare the joumal...

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Extracted text: On 1/1/2020, Bue Company issued 5-year, bonds with a par value of $1,000 000 The company receved S000.000 cah Inest ped semialy on 30 J and 31 Deconber every year Reguired: (1) Prepare the joumal entry to record the bonds' issuance on 1/1/2020 (2) Prepare the joumal entry to record the interest payment and the amorization of bond discount or premum on 3062020 (3) Prepare the journal entry to record the repayment of bonds on 31/12/2024 CLEARLY INOCATE THE DEBTS & CREDTS Example on 1 Janary 2020, XYZ Oompany pays $10.000 cash to phe land OrLand Cr Cash 10.000 10 000