Morgan company issues 10%, 20-year bonds with a par value of $790,000 that pay interest semiannually. the current market rate is 9%. the amount paid to the bondholders for each semiannual interest payment is:

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.