a. Were the bond B issued at a premium and/or discount?

b. Journalize the issuance of bond B on April 1, 2018.

c. What is the contract interest rate for the issue bond B?

d. Interest of how much is paid how often for bond B issued? e. What is the term of bond B issue? f. Show how bond B would appear on the balance sheet under non-current liabilities at July 31, 2026. g. Calculate the bond B interest expense that would appear on the income statement for the year ended July 31, 2027. h. Independent of (a) through (g), assume that bond B issues was retired on December 1, 2027, at 97. Record the entries.

Bond Issue B (A) Cash Interest Paid $450,000.0 % 11.0% X 3/12 (B) Period Interest Expense (E) X 11.5% x 3/12 (C) Amort. (A) (B) (D) Unamortized Balance $13,269 13,088 (E) Carrying Value $450,000 (D) $ 436,731 436,912 $ Period Ending Apr. 1/18 Jul. 1/18 : Apr. 1/26 Jul. 1/26 Oct. 1/26 Jan. 1/27 Apr. 1/27 Jul. 1/27 Oct. 1/27 Jan. 1/28 Apr. 1/28 Totals $ 12,375 : 12,375 12,375 12,375 12,375 12,375 12,375 12,375 12,375 12,375 $ 495,000 $ 12,556 : 12,811 12,823 12,836 12,850 12,863 12,877 12,892 12,907 12,921* $ 508,269 181 : 436 448 461 475 488 502 517 532 546 3,969 3,521 3,060 2,585 2,097 1,595 1,078 546 0 446,031 446,479 446,940 447,415 447,903 448,405 448,922 449,454 450,000 $13,269 *Adjusted for rounding