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) (B) Cash Period (E) Interest Paid Interest Carrying Expense (C) (D) Value $760,000 (E) x 6.0% x Amort. Unamortized $760,000 + Period Ending 7.0% 6/12 6/12 (A) (B) Balance (D) June 1/20 $52,263 $ 812,263 Dec. 1/20 $ 26,600 $ 24,368 $ 2,232 50,031 810,031 Dec. 1/26 26,600 23,418 3,182 17,403 777,403 June 1/27 26,600 23,322 3,278 14,125 774,125 Dec. 1/27 26,600 23,224 3,376 10,749 770,749 June 1/28 26,600 23, 122 3,478 7,271 767,271 Dec. 1/28 26,600 23,018 3,582 3,689 763,689 June 1/29 26,600 22,911 3,689 0 760,000 Totals $478,800 $ 426,537 $52,263 "Adjusted for rounding (For all requirements, do not round Intermediate calculations. Round the final answers to the nearest whole dollar.) Required: 1. Bond Issue A a. Were the bond A issued at a premium and/or discount? O Issued at discount O Issued at premium Issued at premium & discount b. Journalize the issuance of bond A on June 1, 2020. View transaction list View journal entry worksheet < Prev 6 of 10 Next >