apter 14 assign 4 15 points Skipped The balance sheet of River Electronics Corporation as of December 31, 2023, included 12.50% bonds having a face amount of $91.8 million. The bonds had been issued in 2016 and had a remaining discount of $4.8 million at December 31, 2023. On January 1, 2024, River Electronics called the bonds before their scheduled maturity at the call price of 105. Required: Prepare the journal entry by River Electronics to record the redemption of the bonds at January 1, 2024. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars. eBook Hint Print References View transaction list Journal entry worksheet 1 Record the redemption of the bonds. Note: Enter debits before credits. Date January 01, 2024 General Journal Debit Credit Record entry Clear entry View general journal 5 5 points A company retired $75 million of its 9% bonds at 102 ($76.5 million) before their scheduled maturity. At the time, the bonds had a remaining discount of $2 million. Prepare the journal entry to record the redemption of the bonds. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Skipped eBook Print References View transaction list Journal entry worksheet < 1 Record the redemption of the bonds. Note: Enter debits before credits. Event 1 General Journal Debit Credit Record entry Clear entry View general journal 6 5 points Skipped Hoffman Corporation issued $55 million of 8%, 10-year bonds at 102. Each of the 55,000 bonds was issued with 15 detachable stock warrants, each of which entitled the bondholder to purchase, for $22, one share of $1 par common stock. At the time of sale, the market value of the common stock was $27 per share and the market value of each warrant was $8. Prepare the journal entry to record the issuance of the bonds. Note: Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5). If no entry is required for a transaction/event, select "No journal entry required" in the first account field. eBook Print View transaction list Journal entry worksheet 1 References Record the issuance of the bonds. Note: Enter debits before credits. Event 1 General Journal Debit Credit Record entry Clear entry View general journal