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Mahalo Boat Adventure Inc. has a July 3 1 year - end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue

Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues:
Bond Issue A
'Adjusted for rounding
(For all requirements, do not round intermediate calculations. Round the final answers to the nearest whole dollar.)
Required:
Bond Issue A
a. Were the bond A issued at a premium and/or discount?
Issued at discount
Issued at premium
Issued at premium & discount
b. Journalize the issuance of bond A on June 1,2020.
Journal entry worksheet
Record the sale of bonds at a premium on the original issue date.
Note: Enter debits before credits.
c. What is the contract interest rate for the issue bond A?
d. Interest of how much is paid how often for bond A issued?
e. What is the term of bond A issue?
f. Show how bond A would appear on the balance sheet under non-current liabilities at July 31,2026.(Enter all amounts as positive values.)
Balance Sheet Parcial:
-Non-curentl liabilities
- Bonds payable, 11.0%, due June 1,2029
- Add: Premium on bonds payable
g. Calculate the total bond A interest expense that would appear on the income statement for the year ended July 31,2027.
h. Independent of (a) through (g), assume bond A issues were retired on December 1,2027, at 97. Record the entries (there are 2 journal entries for this one)
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