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lew Polides Current Attempt in Progress The following are twoindependent situstions. 1 Ivanhoe Corporstion redeemed $122,000 face value, 13% bonds on June 30,2022 at 102

image text in transcribed lew Polides Current Attempt in Progress The following are twoindependent situstions. 1 Ivanhoe Corporstion redeemed $122,000 face value, 13% bonds on June 30,2022 at 102 . The carrying value of the bonds at the redemptiondate was $109.500. The bonds pay annual interest. and the interest payment due on June 30,2022 has been made and recorsed 2. Tastove incredeemed $154,000 face value, 17,50% bond on vine 30,2022 , at 98 . The carrying value of the bonds at the redemption datewas $156,900, The bonds pay anmal interest and the interest poyment due on June 30,2022 , has been made andrecorded For each independent stuation above prepare the appropriate journal entry for the redemption of the bonds. (Credit occount titles ane outomaticaly indented wher amount is entered Do not indent maicalle)

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