Entries for Issuing and Calling Bonds; Loss Hoover Corp., a wholesaler of music equipment, issued $30,000,000 of 20-year, 8% callable bonds on March 1, Year 1, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: Year 1 Mar. 1 Sept. 1 Year 3 Issued the bonds for cash at their face amount. Paid the interest on the bonds. Called the bond issue at 101.5, the rate provided in the bond indenture. (Omit entry for payment of interest.) Sept. 1 Issued the bonds for cash at their face amount. Year 1 Mar. 1 ?thr 30,000.000 Bonds Payable v 30,000,000 Feedbac Paid the interest on the bonds. Year 1 Sept. 1 Interest Expense t> Check My Work Previous Next acer