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

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Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue A (A) Cash Interest Paid $580,000 x 12.0% * 6/12 (B) Period Interest Expense (E) X 11.0% X 6/12 (C) Amort. (A) (B) (E) Carrying Value $580,000 + (D) $ 612,614 611,508 (D) Unamortized Balance $32,614 31,508 - $ 33,694 $ 1,106 Period Ending June 1/20 Dec. 1/20 : Dec. 1/26 June 1/27 Dec. 1/27 June 1/28 Dec. 1/28 June 1/29 $ 34,800 : 34,800 34,800 34,800 34,800 34,800 34,800 $ 626,400 32,697 32,581 32,459 32,330 32,195 32,050 $ 593,786 2,103 2,219 2,341 2,470 2,605 2,750 $32,614 12,385 10,166 7,825 5,355 2,750 0 592,385 590,166 587,825 585,355 582,750 580,000 Totals *Adjusted for rounding (For all requirements, do not round intermediate calculations. Round the final answers to the nearest whole dollar.) 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 (Partial) Non-current liabilities $ 580,000 Bonds payable, 11.0%, due June 1, 2029 Add: Premium on bonds payable 580,000 g. Calculate the total bond A interest expense that would appear on the income statement for the year ended July 31, 2027. Total bond interest expense h. Independent of (a) through (g), assume bond A issues were retired on December 1, 2027, at 97. Record the entries View transaction list Journal entry worksheet Record the payment of interest on bonds. Note: Enter debits before credits. Date General Journal Debit Credit December 01, 2027 Record entry Clear entry View general journal

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