mark Chapter 16 C Devon Hans Coney X + ses/37129/ mets/3995450 signments > Homework Chapter 14 Homework Chapter 14 Send to Gradebook Question 3 View Policies Current Attempt in Progress On June 30, 2012, Fint Company wed 12% bonds with a par value of $780.000 due in 20 years. They were issued at 97 and were calable at 105 at any date after 30.2020. Because of lower interest rates anda Significant change in the company's credit rating. it was decided to call the entire issue on June 30, 2021, and to issue new bonds. Now 8 bonds were sold in the amount of $960.000 102: they mature in 20 years. Flint Company straight-line amortization. Interest payment dates are December 31 and June 30. al Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 2021. Prepare the entry required on December 31, 2021, to record the payment of the first months interest and the amortization of premium on the bonds. Round answers to decimal places. molly 38.548. Inntry is required, select "No Entry for the account title and enter for the amounts Credit accounts are automatically indented when amount is entered Dontinent No. Date Recount Titles and explanation (o record the redemption of the old issue) Homework per 14 * C Devon Harris Company Sell * + courses/37429/assignments/3995498 (Round answers to decimal places, eg. 38,548. If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is manually) No. Date Account Titles and Explanation Debit Credit (To record the redemption of the old Issue) (To record the sale of the new Issue) eTextbook and Media List of Accounts Attempts: 0 of 3 used Send to Gedok mark Chapter 16 C Devon Hans Coney X + ses/37129/ mets/3995450 signments > Homework Chapter 14 Homework Chapter 14 Send to Gradebook Question 3 View Policies Current Attempt in Progress On June 30, 2012, Fint Company wed 12% bonds with a par value of $780.000 due in 20 years. They were issued at 97 and were calable at 105 at any date after 30.2020. Because of lower interest rates anda Significant change in the company's credit rating. it was decided to call the entire issue on June 30, 2021, and to issue new bonds. Now 8 bonds were sold in the amount of $960.000 102: they mature in 20 years. Flint Company straight-line amortization. Interest payment dates are December 31 and June 30. al Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 2021. Prepare the entry required on December 31, 2021, to record the payment of the first months interest and the amortization of premium on the bonds. Round answers to decimal places. molly 38.548. Inntry is required, select "No Entry for the account title and enter for the amounts Credit accounts are automatically indented when amount is entered Dontinent No. Date Recount Titles and explanation (o record the redemption of the old issue) Homework per 14 * C Devon Harris Company Sell * + courses/37429/assignments/3995498 (Round answers to decimal places, eg. 38,548. If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is manually) No. Date Account Titles and Explanation Debit Credit (To record the redemption of the old Issue) (To record the sale of the new Issue) eTextbook and Media List of Accounts Attempts: 0 of 3 used Send to Gedok