Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $2,500,000 par value, mature in four years, and pay 6% interest semiannually on June 30 and December 31.   1. Record the entry for the issuance of bonds for cash on January 1. 2. Record the entry for the first semiannual interest payment and the second semiannual interest payment. 3. Record the entry for the maturity of the bonds on December 31, 2022 (assume semiannual interest is already recorded).  4. Record the payment of the bonds at maturity (assume semiannual interest is already recorded)

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A: When the bonds are issued at par, then there shall be no premium or discount on bonds payable.

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A: 1. What is the amount of the premium on these bonds at issuance? When a company issues bonds at the…

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