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May I get some help please and thank you Bond Issue B *Adjusted for rounding 2. Bond Issue B a. Were the bond B issued
May I get some help please and thank you
Bond Issue B *Adjusted for rounding 2. Bond Issue B a. Were the bond B issued at a premium and/or discount? Issued at discount Issued at premium Issued at premium \& discount b. Journalize the issuance of bond B on April 1, 2021. Journal entry worksheet Note: Enter debits before credits. c. What is the contract interest rate for the issue bond B ? d. Interest of how much is paid how often for bond B issued? e. What is the term of bond B issue? f. Show how bond B would appear on the balance sheet under non-current liabilities at July 31,2029. 9. Calculate the bond B interest expense that would appear on the income statement for the year ended July 31,2030. 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 Note: Enter debits before creditsStep by Step Solution
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