Echo Company issued $400,000 of 6% serial bonds on July 1, 2019, at face value. The bonds are dated July 1, 2019; they call for semiannual interest payments on July 1 and January 1; and they mature at the rate of $100,000 per year, with the first maturity date falling on July 1, 2020. The company's accounting period ends on September 30.

A. Prepare the journal entry to record the issuance of the bonds on July 1, 2019.

B. Prepare the adjusting entry needed on September 30, 2019.

C. Prepare the journal entry to record the interest payment on January 1, 2020.

D. Prepare the journal entry to record the interest payment of July 1, 2020

E. Prepare the journal entry to record the maturing of $100,000 of bonds on July 1, 2020

F. Prepare the adjusting entry needed on September 30, 2020.

G. Show how the bonds would be presented in the company's balance sheet for September 30, 2020.

*I SPECIFICICALLY NEED HELP WITH PART G. WITH THE FOLLOWING ADDRESSED, WITH EXPLANATION.

Balance Sheet Sept. 30, 2020
	Current Liabilities:
	Current portion of LTD
	Interest Payable
	Long-term Liabilities:
	Bonds Payable
	Less Current Portion