Instead of the bonds being called at 103 please process at 101. Thanks!

Parkview Magazine issued $300,000 of 15-year, 8% callable bonds payable on July 31, 2016 at 98. On July 31, 2019. Parkview called the bonds at 103. Assume annual interest payments. Requirements 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2019. 2. Assume all amortization has been recorded properly. Journalize the retirement of the bonds on July 31, 2019. No explanation is required. Requirement 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2019. (Assume bonds payable are amortized using the straight-line amortization method.) First, complete the sentence below The carrying amount of the bonds payable at issuance (July 31, 2016) is $. The on the bonds at issuance amounts to $ The carrying amount of the bonds payable at July 31, 2019 is $ Requirement 2. Assume all amortization has been recorded properly. Journalize the retirement of the bonds on July 31, 2019. No explanation is required. (Record debits first, then credits. Exclude explanatio Date Accounts Debit Credit 2019 Jul. 31