Bond Issue B (A) Cash (B) Period Interest Period Ending Apr. 1/18 Interest Paid Expense $450,000.0 x (E) x 11.5% x 11.0% x 3/12 (C) Amort. (D) Unamortized 3/12 (A) - (B) Balance $13,269 (E) Carrying Value $450,000 - (D) $ 436,731 Jul. 1/18 $ 12,375 $ 12,556 $ 181 13,088 436,912 : : Apr. 1/26 12,375 12,811 436 3,969 446,031 Jul. 1/26 12,375 12,823 448 3,521 446,479 Oct. 1/26 12,375 12,836 461 3,060 446,940 Jan. 1/27 12,375 12,850 475 2,585 447,415 Apr. 1/27 12,375 12,863 488 2,097 447,903 Jul. 1/27 12,375 12,877 502 1,595 448,405 Oct. 1/27 12,375 12,892 517 1,078 448,922 Jan. 1/28 12,375 12,907 532 546 449,454 Apr. 1/28 12,375 12,921 546 450,000 Totals $ 495,000 $ 508,269 $13,269 *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 b. Journalize the issuance of bond B on April 1, 2018. View transaction list Journal entry worksheet 1 Record the Issuance of bonds at a discount. Note: Enter debits before credits. Date April 01, 2018 General Journal Debit Credit Record entry Clear entry View general journal c. What is the contract interest rate for the issue bond B? Contract interest rate % d. Interest of how much is paid how often for bond B issued? Interest paid 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. Balance Sheet (Partial) Non-current liablities 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 paid on bonds. Note: Enter debits before credits. Date December 01, 2027 General Journal Debit Credit Record entry Clear entry View general journal