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ACCT& 202 Section DE (Spring 2019) Homework: Homework # 14 Score: 0 of 1 pt E12-26 (similar to) Save -|W Score: 32.87%, 5.92 of 18
ACCT& 202 Section DE (Spring 2019) Homework: Homework # 14 Score: 0 of 1 pt E12-26 (similar to) Save -|W Score: 32.87%, 5.92 of 18 pts 14 of 18 (7 complete) Question Help * Parkview Magazine issued $300,000 of 15-year, 7% callable bonds payable on July 31, 2018, at 95 On July 31, 2021, Parkview called the bonds at 102. Assume annual interest payments Requirements 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2021 2. Assume all amortization has been recorded properly Journalize the retirement of the bonds on July 31, 2021. No explanation is required Requirement 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2021 Assume bonds payable are amortized using the straight-line amortization method) First, complete the sentence below The carrying amount of the bonds payable at issuance (July 31, 2018) is issuance amounts to S hen the bonds at discount premium
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