emil corp. produces and sells wind-energy-driven engines. 1818000 of 15-year 8% may

from Show Me How Entries for Issulng and Calling Bonds; Gain Emil Corp. produces and amount, with Journalize the entries to record the following selected transactions: 20Y1 May 1 Issued the bonds for cash at their face amount. Nov. 1 Paid the interest on the sells wind-energy-driven engines. To finance its operations, Emi 15-year, 8% callable bonds on May 1, 20Y1, at their face interest payable on May 1 and November 1. The fiscal year of the company is the calendar year bond Nov. 1 Called the bond issue at 96, the rate provided in the bond indenture (Omit entry for payment of interest.) Partially comect Paid the interest on the bonds