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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 Adjusted for

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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 "Adjusted for rounding (For all requirements, do not round intermediate calculotions. 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? Issued at discount issued at premium Issued at premium \& discount. b. Journalize the issuance of bond A on June 1, 2023. 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 liabilites at July 31, 2029. (Enter all amounts as positive values.) 9. Calculate the total bond A interest expense that would appear on the income statement for the year ended July 31,2030 . h. Independent of (a) through ( g ), assume bond A issues were retired on December 1,2030 , at 97 . Record the entrie Journal entry worksheet Note: Enter deblts before credits. Bond lssue B "Apusted for roumding 2. Bond lssue 8 a. Were the bond 8 issued at a premium and or disconunt? issued ot diccount Issuod of premium lssued at premium 6 discount b. Joumatize the tssuance of bond B on Apill 1, 2021 Journal entry worksheet F Pecord the Issience of bonds at a docpont. c. What is to>o contrgef artetert jate foe the sisue toorid fi? d. Irvterest of hew much is pard how offen for bond 8 nsued? e. What is the term of bond F issue? 1. Show how bond B would appeac on the balance sheet under noncurent labiltes at laly at. 2029 9. Colcultose the bond B irterest expense that would appeor on the income statement sor the yos ended fuly 31,2030 h. tidependom of (a) thiough (igi oscumo that bond B rsues wes retred on pecrenoes 12009 at 9 ? Recotd the eatries: Journal entry worksheet. h. Independent of (a) through (g), assume that bond B issues was retired on December 1,2030 , at 97 . Record the entries. Journal entry worksheet 2 Record the interest paid on bonds. Note: fniter debits before credits

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