Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue A

Period Ending	(A) Cash Interest Paid $630,000 7.0% 6/12					(B) Period Interest Expense (E) 6.0% 6/12					(C) Amort. (A) (B)					(D) Unamortized Balance					(E) Carrying Value $630,000 + (D)
June 1/20																	$	43,324				$	673,324
Dec. 1/20		$	22,050				$	20,200				$	1,850					41,474					671,474
Dec. 1/26			22,050					19,412					2,638					14,426					644,426
June 1/27			22,050					19,333					2,717					11,709					641,709
Dec. 1/27			22,050					19,251					2,799					8,910					638,910
June 1/28			22,050					19,167					2,883					6,027					636,027
Dec. 1/28			22,050					19,081					2,969					3,058					633,058
June 1/29			22,050					18,992					3,058					0					630,000
Totals		$	396,900				$	353,576				$	43,324

*Adjusted for rounding

b. Journalize the issuance of bond A on June 1, 2020. 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?

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.)

h. Independent of (a) through (g), assume bond A issues were retired on December 1, 2027, at 97. Record the entries