C) PR 11-3A Entries for bonds payable, including bond redemption Obj. 2 The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year: SHOW ME HOW EXCEL TEMPLATE GENERAL LEDGER Year 1 July 1 issued $74,000,000 of 20-year, 1 1% callable bonds dated July 1, Year 1, at a market (effective) rate of 13%, receiving cash of $63,532,267. Interest is payable semiannually on December 31 and June 30. Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment. Closed the interest expense account. Dec. 31 31