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Entries for Issuing and Calling Bonds; Gain Mia Breen Corp. produces and sells wind energy-driven engines. To finance its operations, Mia Breen issued $1,877,000 of

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Entries for Issuing and Calling Bonds; Gain Mia Breen Corp. produces and sells wind energy-driven engines. To finance its operations, Mia Breen issued $1,877,000 of 15 year, 13% callable bonds on May 1, 2015, at their face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: 20YS May 1 Issued the bonds for cash at their face amount Nov. 1 Paid the interest on the bonds. 2079 Nov. 1 Called the bond issue at 95, the rate provided in the bond indenture. (Omit entry for payment of interest.) If an amount hox does not require an entry, leave it blank. Issued the bonds for cash at their face amount 20Y5 May 1 Paid the interest on the bonds. 2015 Nov, 1 88 hash thed in the May 1 Issued the bonds for cash at their face amount Nov. 1 Paid the interest on the bonds. 2049 Nov. 1 Called the bond issue at 95, 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. Issued the bonds for cash at their face amount 2045 May 1 Paid the interest on the bonds. 20Y5 Nov. 1 Called the bond issue at 95, the rate provided in the bord indenture. (Omit entry for payment of interest.) 2009 Nov. 1

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