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20 Niew Poliches Current Attempt in Progress On May 1, 2021. Cullumber Corn Issued 5845.000 of 5-var, 6 bonds at . The bonds sayinterest w

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20 Niew Poliches Current Attempt in Progress On May 1, 2021. Cullumber Corn Issued 5845.000 of 5-var, 6 bonds at . The bonds sayinterest w Cullumber's rear end is Ari 30 Questions Record the issue of the bonds on May 1, 2021. (Credit account titles are automatically indented when the amount is entered Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit Question 4 Question 35 May 1 128100 Bonds Payable 821100 Viewing Question 16 un Question 37 PNG e 0 E E TCA Type here to search Ju List of Accounts Calculate the effective rate of the bonds using Excelor financial calculator Round answer to 4 decimal places. 15751 Questions Effective erate Question 4 whe List of Accounts Questions Viewing Question 36 cong Prepare an effective interest amortization table for this bond (Round answers to decimal places, eg. 5.276.) Question 3 Gullimber CORP. BAL 70 A ER Type here to search Effective interest Method Annual Interest Pune Date Interest Pay May 1 2021 Q May 1 2022 50700 Question May 1. 2023 50700 1 Questions May 1 2024 50700 Viewing Question 36 May 1. 2025 50700 Question 37 O DI E a 13 TCA Type here to search luji 10 Effective Interest Method - Interest Payment Interest Payment Questions SOTO 50700 I Questions 50700 Viewing Question 36 50700 Question 37 TC O > Type here to search liji Record the act of interest at April 30, 2022. (Credit account these tomatically indented when the amount is not Indent manually no entry is requiredt, select "No Entry for the accountities and enter for the counts Bond time places. $.276 Ques Date Account Titles and Explanation Debit Credit Interest Expense Apr 30 Queen Interest Payable I Questions Bonds Payable Viewing Question 36 (To accrue interest expense.) Question 31 List of Accounts TCA D o Type here to search ly Record the interest anton My 1 2022.1 cindented whether indent manne entry "No Entry for the end of the mounts Date Account Titles and Explanation Debit Crash May 1 union A (To record interest payment.) Question 35 List of Accounts Viewing Question 36 Question 31 DI 2 P3 O TCA Type here to search liyi Assuming instead that Cullumber has a December 31, 2021 year and prepare the entry into the the subsequent interest payment on May 1, 2022. (Credit account titles are automatically indented when the amount is er not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Round to decimal places. Es 5.276) QUA Date Account Titles and Explanation Debit Credit Dec 31 Questions Viewing Question 36 Question 37 (To accrue interest expense.) Type here to search o D 7C liyi Nuestion 30 or 39 20 To accruentes May Questions Question 35 (To record interest payment Ne Question List of Accounts Question 37 O O RI So 7C * Type here to search 20 Assume that on May 1, 2022 after payment of the interest.Credem trobat 164 of the bonds. One are automatically indented when the amount is entered. Do not indent met een required, select "No Entry for the accountitles and enter for the amounts Round onwers to decimal : 5375) Date Account Tities and Explanation Debit Credit May 1 Qon I Question 35 (To record redemption of bonds.) Viewing Question 36 List of Accounts Question 37 705 O RI Type here to search lui

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