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Bond issue B (8) Period Cash Interest Interest Paid Expense $550,000.0 (E) * 9.5% 9.0% 3/12 3/12 (C) Amort. (A). (6) Carrying Value $550.000 (D)

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Bond issue B (8) Period Cash Interest Interest Paid Expense $550,000.0 (E) * 9.5% 9.0% 3/12 3/12 (C) Amort. (A). (6) Carrying Value $550.000 (D) $ 532,373 532,642 (0) Unamortized Balance $17,627 17,358 Period Ending Apr. 1/18 Jul. 1/18 $ 12,375 $ 12,644 $ 269 Apr. 1/26 Jul. 1/26 Oct. 1/26 Jan. 1/27 Apr. 1/27 Jul. 1/27 Oct. 1/27 Jan. 1/28 Apr. 1/28 Totals 12,375 12,375 12,375 12,375 12,375 12,375 12,375 12,375 12, 375 $ 495,000 12,932 12,945 12,958 12,972 12,986 13,001 13,016 13,031 13,849 $ 512,627 557 570 583 597 611 626 641 656 674 $17,627 4,958 4,388 3,805 3,208 2,597 1,971 1,330 674 545,842 545,612 546,195 546,792 547,403 548, 029 548,670 549, 326 550,000 @ "Adjusted for rounding 2. Bond Issue B a. Were the bond B issued at a premium and/or discount? Issued at discount Issued at premium Issued at premium & discount Issued at premium Issued at premium & discount b. Journalize the issuance of bond B on April 1, 2018. View transaction list View journal entry worksheet Debit Credit No General Journal Date April 01, 2018 1 5 550,000 Cash Bonds payable Premium on bonds payable c. What is the contract interest rate for the issue bond B? % d. Interest of how much is paid how often for bond B issued? Interest and $ 12,375 Semi-annually e. What is the term of bond B issue? Term of each bond issue year term f. Show how bond B would appear on the balance sheet under non-current liabilities at July 31, 2026. Non-current liablities Bonds payable, 9.5%, due April 1, 2028 Loss Discount on bonds payable g. Calculate the bond B interest expense that would appear on the income statement for the year ended July 31, 2027. Total bond interest expense h. Independent of (a) through (g), assume that bond B issues was retired on December 1, 2027, at 97. Record the entries. View transaction list Journal entry worksheet 1 2 Record the interest pald on bonds. Note: Enter debits before credits. General Journal Debit Credit Date December 01, 2027

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