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Check my work On March 1, 2020. Qunto Mining Inc issued a $700.000, three year bond. Interest is payablet semiannually believing September 1. 2020 0,25

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Check my work On March 1, 2020. Qunto Mining Inc issued a $700.000, three year bond. Interest is payablet semiannually believing September 1. 2020 0,25 Required: Part 1 6. Calculate the bond issue price assuming a market interest rate of 8% on the date of issue. Do not round intermediate calculations Round the final answer to nearest whole dollar:) Total nes b. Using the effective interest method, prepare an amortization schedule (Do not round intermediate calculations, Round the final answers to nearest whole dollar. Enter all the amounts as positive values.) Period Ending Cash Interest Period interest Paid Expense Premium Amort Unamortized Premium Carrying Value Mar. 1/20 Sept 1/20 Mar 1721 Sept 1/21 Mar 1/22 Sept 1/22 Mar 123 Totals 0 0 5 0$ 05 0 Check my c. Record the entries for the issuance of the bond on March 1, the adjusting entry to accrue bond interest and related amortization on April 30 2020, Quinto's year end, and the payment of interest on September 1, 2020 (Do not round intermediate calculations Round the final answers to nearest whole dollar) View transaction list Journal entry worksheet 2 > Record the issuance of bond Note Enter debts before credito Date General Journal Debit Credit Mar 01.2020 Proy 4 4 SH o. Calculate the bond issue price assuming a market interest rate of 100% on the date of issue (Do not round intermediate calculations. Round the final answer to nearest whole dollar.) Totaliste pilce b. Using the effective interest method, prepare an amortization schedule. (Do not round intermediate calculations. Round the final answers to nearest whole dollar. Enter all the amounts os positive values. Cash Interest Period interest Paid Expense Discount Amort Unamortized Discount Carrying Value Period Ending Mar 120 Sept 1/20 Mar 121 Sept 121 Mar 122 Sept. 122 Mar. 1/23 c. Record the entries for the issuance of the bond on March 1, the adjusting entry to accrue bond interest and related amortization on April 30, 2020, Quinto's year-end, and the payment of interest on September 1, 2020. View transaction list Journal entry worksheet 1 2 3 Record the issuance of bond. Note: Enter dobits before credits Date General Journal Dobit Credit Mar 01 2020 d. Record the entries for the retirement of 30% of the bonds at 102, on September 1, 2020, after the interest payment. View transaction list Journal entry worksheet 1 Record retirement of 30% of shares at 102 Note: Enter debits before credits General Journal Date Sep 01, 2020 Debit Credit

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