Bond Issue B (B) (A) Period Cash Interest Interest Paid Expense $600,000.0 X (E) X 12.5% x 12.0% x 3/12 3/12 (C) Amort. (A) (B) (D) Unamortized Balance $16,991 16,772 $ 219 : Period Ending Apr. 1/18 Jul. 1/18 : 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 $ 18,000 : 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 18,000 $ 720,000 $ 18, 219 : 18,569 18,586 18,605 18,624 18,643 18,663 18,684 18,705 18,726* $ 736,991 569 586 605 624 643 663 684 705 726 5,236 4,650 4,045 3,421 2,778 2,115 1,431 726 (E) Carrying Value $600,000 - (D) $ 583,009 583,228 : 594,764 595,350 595,955 596,579 597,222 597,885 598,569 599,274 600,000 $16,991 *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. General Journal Debit Credit Date April 01, 2018 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 1 Record the interest paid on bonds. > 2 Record the retired bonds. Credit Note : = journal entry has been entered Record entry Clear entry View general journal