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Need help Coastalview Magazine issued $690,000 of 15-year, 9% callable bonds payable on July 31, 2016, at 96. On July 31, 2019 Coastalview called the

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Coastalview Magazine issued $690,000 of 15-year, 9% callable bonds payable on July 31, 2016, at 96. On July 31, 2019 Coastalview called the bonds at 103. Requirements Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2019. Assume all amortization has been recorded properly. Journalize the retirement of the bonds on July 31, 2019. No explanation is required. Requirement 1, Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2019.(Assume bonds payable are amortized using the straight line amortization) First, complete the sentence below. The carrying amount of bonds payable at issuance (July 31, 2016) is $ squareroot, The on the bonds at issuance amounts to $ squareroot. The carrying amount of the bonds payable at July 31, 2019 in $ squareroot. Requirement 2. Assume all amortization has been recorded properly. Journalize the retirement of the bonds on July 31, 2019. No explanation is required.(Record debits first, then credit)

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