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Parkview Magazine issued $300,000 of 15-year, 5% calable bonds payable on July 31, 2016, at 05. On July 31, 2019, Parkview called the bonds at

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Parkview Magazine issued $300,000 of 15-year, 5% calable bonds payable on July 31, 2016, at 05. On July 31, 2019, Parkview called the bonds at 103. Assume annual interest payments Requirements 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2019 2. 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 amortizati First, complete the sentence below. The carrying amount of the bonds payable at issuance (July 31, 2016) is $ The on the bonds at issuance amounts to The carrying amount of the bonds payable at July 31, 2019 is Requirement 2. Assume all amortization has been recorded property. Journalire the retirement of the bonds on July 31, 2010. No explanation is required. (Record debit Date Accounts Debit Credit the credits 2019 Jul 31

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