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Entries for issuing and Calling Bonds: Gain Emil Corp. produces and als wind-energy-driven engines to finance its operations, Emi Corp. issued $853,000 of 25-year, 11%

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Entries for issuing and Calling Bonds: Gain Emil Corp. produces and als wind-energy-driven engines to finance its operations, Emi Corp. issued $853,000 of 25-year, 11% Callable bonds on May 1, 2011, at the face amount with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year Joume de entries to record the following selected transactions 2011 May I loved the bonds for cash at their face amount Nov. 1 Paid the interest on the bonds 2015 Nov. 1 Called the bond issue at 90, the rate provided in the bond Indenture (Omit entry for payment of interest.) Issued the bonds for cash at their face amount. If an amount box does not require an entry leave it blank 2011 May 1 88 Paid the interest on the bonds. If an amount box does not require an entry, lawe it blank 2011 Nov. 1 Caled the bond we, 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 2075, No1

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