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Need B and C I don't have more information On June 30,2025 , Kevin Hall Company issued $5,840,000,00 face value of 13%,20-year bonds at $6,279,340.00,
Need B and C
I don't have more information
On June 30,2025 , Kevin Hall Company issued $5,840,000,00 face value of 13%,20-year bonds at $6,279,340.00, a yield of 12%. Hall uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and - December 31 . Click here to view factor tables. (a) Your answer is correct. Prepare the journal entries to record the following transactions. (Round answer to 2 decimal places, es. 38,548.25. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) 1. The issuance of the bonds on June 30,2025. 2. The payment of interest and the amortization of the premium on December 31, 2025. 3. The payment of interest and the amortization of the premium on June 30, 2026. 4. The payment of interest and the amortization of the premium on December 31, 2026. Show the proper balance sheet presentation for the liability for bonds payable on the December 31,2026, balance sheet. (Round answers to 2 decimal ploces, eg. 38,548.25.) Hall Company Balance Sheet eTextbook and Media List of Accounts Attempts: 0 of 3 used (c) The parts of this question must be completed in order. This part will be avallable when you complete the part above Step by Step Solution
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