help with the calculations please
luding bond redemption Instructions Chart of Accounts Journal Final Questions Instructions The following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year: 2011 July 1 Issued $74,000,000 of 20-year, 11% callable bonds dated July 1, 2011, at a market fotective rate of 13%, receiving cash of $63,532, 267. Interest is payable semiannually on December 31 and June 30 Paid the semiannual interest on the bonds. The bond discount amortization of $261.090 is combined with the semiannual interest payment. Dec. 31 20Y2 June 30 Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment Dec. 31 Discount on Bonds Payable 750 1b. Journalize the entries to record the 2012 transactions Refer to the Chart of Accounts for exact wering of the Red Check My Work 1 more Check My Work uses remaining, All work saved eBook Show Me How Print Item Instructions Dec. 31 Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment 20Y2 June 30 Paid the semiannual interest on the bonds. The bond discount amortization of $261,893 is combined with the semiannual interest payment Paid the semiannual interest on the bonds. The bond discount amortization of $261,693 is combined with the semiannual interest payment, Dec 31 20Y3 June 30 Recorded the redemption of the bonds, which were called at 98. The balance in the bond discount account is $9.420,961 after payment of interest and amortization of discount have been recorded (Record the redemption only.) Required: 1. Journalize the entries to record the transactions. Aound all amounts to the nearest dom. Refer to the Chart of Accounts for exact wording of account titles 2. Indicate the amount of the Interest expense in (a) 2071 and (D) 2012. 3. Determine the carrying amount of the bonds as of December 31, 20Y2. Previous Check My Work 1 more Check My Work uses remaining Sument for Grad Journal Shaded chave feedback 1a. Journalize the entries to record the 20Y1 transactions. Round all amounts to the nearest dollar Refer to the Chart of Accounts for exact wording of accounts How does grading work? GE JOURNAL Score: 69/75 ACCOUNTING EQUATION DATE DESCRIPTION POST. REE DEBIT 1 CREDIT JUL 1 Cash ASSETS OUTY 6353,227.00 T 10,467,733.00 3 Discount on Bonds Payable Bonds Payable Interest Expense 74.000.000.00 + 4 Dec. 31 4.070,000.00 5 Cash 4266.000,00 6 Discount on Bonds Payable 261,695.00 Check My Work 1 more Check My Work uses remaining Sum Gal All work saved Journal 1b. Journalize the entries to record the 2012 transactions. Refer to the Chart of Accounts for exact wording of accounts. Round al amount to the newest do Shaded cs have led How does sreding work? JOURNAL DATE Score: 67175 DESCRIPTION ACCOUNTING EQUATION 1 Jun 50 Interest Expense POST ROE DEBIT 4070.000.00 2 Cash 1 Discount on Bonds Payable 4256.000.00
