Bond Issue B (A) Cash Interest Paid (B) Period Interest Expense $580,000.0 x (E) x 10.5% x (C) Amort. (D) Unamortized Period Ending 10.0% x 3/12 3/12 (A) - (B) Balance Apr. 1/21 $17,822 (E) Carrying Value $580,000 - (D) $ 562,178 Jul. 1/21 14,500 $ 14,757 $ 257 17,565 562,435 Apr. 1/29 14,500 15,074 574 5,172 574,828 Jul. 1/29 14,500 15,089 589 4,583 575,417 Oct. 1/29 14,500 15,105 605 3,978 576,022 Jan. 1/30 14,500 15,121 621 3,357 576,643 Apr. 1/30 14,500 15,137 63 2,720 577,280 Jul. 1/30 14,500 15,154 654 2,066 577,934 Oct. 1/30 14,500 15,171. 671 1,395 578,605 Jan. 1/31 14,500 15,188 688 707 579,293 Apr. 1/31 14,500 15,207- 707 580,000 Totals $ 580,000 $ 597,822 $17,822 "Adjusted for rounding 2. Bond Issue B Were the bond B issued at a premium and/or discount? 2. Bond Issue B a. Were the bond B issued at a premium and/or discount? O Issued at discount Issued at premium O Issued at premium & discount b. Journalize the issuance of bond B on April 1, 2021. View transaction list Journal entry worksheet 1 Record the Issuance of bonds at a discount. 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, 2029. 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, 2030. Total bond interest expense h. Independent of (a) through (g), assume that bond B issues was retired on December 1, 2030, at 97. Record the entries. View transaction list Journal entry worksheet 1 2