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Hi can you please help me with these questions. There are no missing data, graphs or exct. to this question. P15-1B On June 1, 2012,

Hi can you please help me with these questions. There are no missing data, graphs or exct. to this question.

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P15-1B On June 1, 2012, Lublin Corp. issued $2,000,000, 9%, 5-year bonds at face value. The bonds were dated June 1, 2012, and pay interest semiannually on June 1 and December 1. Financial statements are prepared annually on December 31. Instructions (a) Prepare the journal entry to record the issuance of the bonds. (b) Prepare the adjusting entry to record the accrual of interest on December 31, 2012. (c) Show the balance sheet presentation on December 31, 2012. (d) Prepare the journal entry to record payment of interest on June 1, 2013, assuming no accrual of interest from January 1, 2013, to June 1, 2013. (e) Prepare the journal entry to record payment of interest on December 1, 2013. (f) Assume that on December 1, 2013, Lublin calls the bonds at 102. Record the redemption of the bonds. P15-2B Petoskey Co. sold $800,000, 9%, 10-year bonds on January 1, 2012. The bonds were dated January 1, and interest is paid on January 1 and July 1. The bonds were sold at 105. Instructions (a) Prepare the journal entry to record the issuance of the bonds on January 1, 2012. (b) At December 31, 2012, the balance in the Premium on Bonds Payable account is $36,000. Show the balance sheet presentation of accrued interest and the bond liability at December 31, 2012. (c) On January 1, 2014, when the carrying value of the bonds was $832,000, the company redeemed the bonds at 105. Record the redemption of the bonds assuming that interest for the period has already been paid

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