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need help with question 3 The following transactions were completed by Almedin, who iscal year is the calendar year Year: Suy t. Isted $75,000,000 of

need help with question 3
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The following transactions were completed by Almedin, who iscal year is the calendar year Year: Suy t. Isted $75,000,000 of 10 year, 9 be hones ately 1. Yarmarkt efective) rate receiving cho 585,659,600. Interest is payable semnaly on December 31 and June 10 Oct. 1. Borrowed 1270,000 by sy was initamente to Main Street Bank. The gives un payments of 5.405, with the first payment acturing on September 30, Dec 31 AG 15.400 of terest on the intente, The interest is dayable on the date of the next inte samt Dec 31 Paid the semanal interest on the bonds. The band premium amortization of $532,980s combined with the enterest payment 2 June 30we the semiannual event on the bora. The bond premium anonication of 1532,900 in contrast with the semanal enteret Seot 30 pala thene Daymolt on the cote, which consisted of interest of 121,600 and principale 31 Micro 4.664 first on the intimento. The interne date of the timestament Dec 31 ota sem were on the band The Demumma 533,000 come with the payment Year June 10. Recorded the redemption of the bonds, which were cate 103. The balance in the con premo.527.600 after comment of interest and monipremum ve been recorded. Hecord the redemption only Seot 30 second annual payment on the note, which cord of er of 1656 and roof, Required Check My Wom wa Sarean Sub for Gratis Module 11 CH 14 (GRADED) (Longte Book Show wow 1. Journalve me entries to record the foregoing traction in chronologichender an amount tox does not reperty revebenWhen required, round amounts to the nearest Gottar, Date Account Det Credit Nyt ch 35.659.000 bonds Pale 10,659,600 75,000,000 O. Cach 370.000 tes 270,000 De 5,400 Interest 5.400 re 2.343,020 Wremony 532.900 3.375.000 Year 2 Creo My Won A Tractor fan and En Submit Assignment for Grade Ass Score: 502 Module 11 CH 14 (GRADED) (Long to Book Show Me How Sear Sunt 30 Terest Expense 2,342,020 Premium bonds ytle $32.950 3,375,000 Sept 30 et per 16,200 5,400 Interest Pin Payable 36,805 Ch 58,405 Dec 31 torest Exo Interest rayable 4,664 interest . 2.842,020 Det 533,00 remondi va 3.375.000 75,000,000 June 30 de Oh My W al Sent for Grad Alle cong LOM Year June 30 fonds Tayable 75,000,000 Premium on Bonds Payable 3,527.680 Gain on Redemption of Bords 5,277,660 caini 77,250,000 Sept. 30 Interest Expense 13,992 Interest Payable 4,664 39,749 Notes Cash 58.405 2. Indicate the amount of the interest expense (a) Year 1 and (b) Year 2 Yet 2.847,420 5.704,904 Year 2 3. Determine the carrying amount of the bonds as of December 31, Year 2 01.644,454 X

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