Entries for Issuing and Calling Bonds; Loss

Adele Corp., a wholesaler of music equipment, issued $12,740,000 of 10-year, 13% callable bonds on March 1, 20Y1, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year.

20Y1
Mar. 1	Issued the bonds for cash at their face amount.
Sept. 1	Paid the interest on the bonds.
20Y5
Sept. 1	Called the bond issue at 102, the rate provided in the bond indenture. (Omit entry for payment of interest.)

Journalize the entries to record the above selected transactions.

Issued the bonds for cash at their face amount.

20Y1 Mar. 1		fill in the blank c77b91067fc8fe0_2
			fill in the blank c77b91067fc8fe0_4

Paid the interest on the bonds.

20Y1 Sept. 1		fill in the blank e9f04bfe8fd9f92_2
			fill in the blank e9f04bfe8fd9f92_4

Called the bond issue at 102, the rate provided in the bond indenture. (Omit entry for payment of interest.) For a compound transaction, if an amount box does not require an entry, leave it blank.

20Y5 Sept. 1		fill in the blank abe588f5404805e_2	fill in the blank abe588f5404805e_3
		fill in the blank abe588f5404805e_5	fill in the blank abe588f5404805e_6
		fill in the blank abe588f5404805e_8	fill in the blank abe588f5404805e_9