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annually on July 1 and January 1 of each year. The company's year end is December 31 . Instructions a. Calculate the issue price of
annually on July 1 and January 1 of each year. The company's year end is December 31 . Instructions a. Calculate the issue price of the bonds. b. Prepare a bond amortization schedule from the date of issue up to and including January 1,2027. c. Prepare all of the required journal entries related to the bonds that DC Ltd. will record up to 2026, including any adjusting journal entries at December 31,2026. d. What amounts would be reported as current and non-current in the liabilities section of DC Ltd.'s December 31,2024 , balance sheet? e. The bonds were redeemed on January 1, 2026 (after the interest had been paid and recorded) at 102. Prepare the journal entry for the redemption of the bonds. f. Assume instead that the bonds were not redeemed on January 1, 2026. Record the entry for the repayment of the bonds on January 1,2034
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