A13-23 Debt Retirement (LO 13-7) At 31 December 20x8, Northern Resources Ltd, reports the following on its statement of financial position Bonds payable 4x, Enteront payable on annually on 30 June and 30 December $11,000,000 Discount on bonds payable 100,000 $7,600,000 The effective interest rate or market interest rate was 6% on osuance On 1 March 20x9 30% of the bond issue was bought back in the open market and retired at 101 plus accrued interest. The following table relates to 20x9 numbers have been rounded Interest EX Moortization Intuit Cash Interest Porting above 1 STO,000 14,000 Unamtred Pune $400,000 332.000 Carrying smount of Bande 52.000.000 76,000 $22.00 210,040 $68,000 70,000 Required: Provide the entries to record Interest paid to the date of retirement on the 30 of bond tited (if no antry is required for a transaction/event, select "No journal entry required in the first account fold Round your answers to the nearest whole dollar amount) Required: Provide the entries to record 1. Interest paid to the date of retirement on the 30% of bond retired. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field, Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet 1 Record the interest paid to the date of retirement Note Ender det fore credits Transaction General Journal Debit Credit 2. Bond retirement. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet