Bond Premium and Discount Markway Inc. is contemplating selling bonds. The issue is to be composed of 750 bonds, each with a face amount of $800.   4.  Calculate how much Markway is able to borrow if each bond is sold at 103% of par. $fill in the blank 23f1fdf81fe3f91_4 5.  Assume that the bonds are sold for $625 each. Prepare the entry to recognize the sale of the 750 bonds.   Cash  fill in the blank 2552a6f29fa5030_2 fill in the blank 2552a6f29fa5030_3   Discount on Bonds Payable  fill in the blank 2552a6f29fa5030_5 fill in the blank 2552a6f29fa5030_6   Bonds Payable  fill in the blank 2552a6f29fa5030_8 fill in the blank 2552a6f29fa5030_9   Record issuance of bonds at discount     6.  Assume that the bonds are sold for $900 each. Prepare the entry to recognize the sale of the 750 bonds.   Cash  fill in the blank 1d87ca07df94044_2 fill in the blank 1d87ca07df94044_3   Premium on Bonds Payable  fill in the blank 1d87ca07df94044_5 fill in the blank 1d87ca07df94044_6   Bonds Payable  fill in the blank 1d87ca07df94044_8 fill in the blank 1d87ca07df94044_9   Record issuance of bonds at premium

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