Blue Ltd. sold $7.730,000 of 10% bonds, which were dated March 1, 2020, on June 1, 2020. The bonds paid interest on September 1 and March 1 of each year. The bonds' maturity date was March 1, 2030, and the bonds were issued to yield 12%. Blue's fiscal year-end was February 28, and the company followed IFRS. On June 1, 2021, Blue bought back $3,730,000 worth of bonds for $3,630,000 plus accrued interest. Using 1. a financial calculator, or 2. Excel function PV, calculate the issue price of the bonds and prepare the entry for the issuance of the bonds. (Hint: Use the account interest Payable in your entry On July 1, 2020 Pearl Limited issued bonds with a face value of $1,040,000 due in 20 years, paying interest at a face rate of 7% on January 1 and July 1 each year. The bonds were issued to yield 9%. The company's year-end was September 30. The company used the effective interest method of amortization Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the premium or discount on the bonds. Prepare the journal entry for the scheduled interest payment on September 1, 2020. Blue Ltd. sold $7.730,000 of 10% bonds, which were dated March 1, 2020, on June 1, 2020. The bonds paid interest on September 1 and March 1 of each year. The bonds' maturity date was March 1, 2030, and the bonds were issued to yield 12%. Blue's fiscal year-end was February 28, and the company followed IFRS. On June 1, 2021, Blue bought back $3,730,000 worth of bonds for $3,630,000 plus accrued interest. Using 1. a financial calculator, or 2. Excel function PV, calculate the issue price of the bonds and prepare the entry for the issuance of the bonds. (Hint: Use the account interest Payable in your entry On July 1, 2020 Pearl Limited issued bonds with a face value of $1,040,000 due in 20 years, paying interest at a face rate of 7% on January 1 and July 1 each year. The bonds were issued to yield 9%. The company's year-end was September 30. The company used the effective interest method of amortization Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the premium or discount on the bonds. Prepare the journal entry for the scheduled interest payment on September 1, 2020