Calculator Entries for Issuing and Calling Bonds; Gain Mia Ireen Corp. produces and sells wind energy driven engines. To finance its operations, Mia Breen Corp. issued $165,000 of 20-year 9% Callable bonds on May 1 Year 1, at their face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Journate the entries to record the following selected transactions Year 1 May 1 Issued the bonds for cash at their face amount. Nov. 1 Paid the interest on the bonds. Year 5 Nov. 1 Called the bond issue at 97, the rate provided in the bond Indenture. (Omit entry for payment of interest.) Issued the bonds for cash at their face amount. Year 1 May 1 Paid the interest on the bonds. Year 1 Nov. 1 Called the bond issue at 97, the rate provided in the bond Indenture. (Omit entry for payment of interest.) If an amount box does not require an entry, leave it blank Next A & PM 10/24/2019 Hoover Corp., a wholesaler of music equipment, issued $7,190,000 of 10-year, 12% callable bonds on March 1, Year 1, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Year 1 Mar. 1 Issued the bonds for cash at their face amount. Sept. 1 Paid the interest on the bonds. Year) inter Sept. 1 Called the bond issue at 102, the rate provided in the bond indenture. (Omit entry for payment Joumalize the entries to record the above selected Transactions. Issued the bonds for cash at their face amount Year 1 Mar. 1 Paid the interest on the bonds. Year 1 Sept. 1 Called the bond issue at 102, the rate provided in the bond Indenture. (Omit entry for payment of interest.) If an amount box does not require an entry, leave it blank. Previous Next > Email Instructor Eemali bostructor Submit Test for Gradini Submit test for Giradi 2 A 10/24/2019