Entries for issuing and calling bonds; loss

Hoover Corp., a wholesaler of music equipment, issued $$6,550,000$ of $25-$year, $8\%$ callable bonds on March $1,20$Y$2,$ at their face amount, with interest payable on March $1$ and September $1.$ The fiscal year of the company is the calendar year.

$20Y2$

March $1.$

September $120Y4$

September $1$

Issued the bonds for cash at their face amount.

Paid the interest on the bonds:

Called the bond issue at $104,$ 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.

Journalize the entries to record the above selected transactions.

Issued the bonds for cash at their face amount.

$20$Y$2$ Mar. $1$