Parkview Magazine issued $360,000 of 15 year, 8% collable bonds payable on July 31, 2016 at 98. On July 31, 2019, Parkview called the bonds at 101. 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. Joumalize the retirement of the bonds on July 31, 2019. No explanation is required. The carrying amount of the bonds payable at issuance (July 31, 2016) is the discount on the bonds at issuance amounts to Date The carrying amount of the bonds payable at July 31, 2019 is $ 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 credits Exch any ouma entres Accounts Debit Credit 2019 Jul 31 Loss on Retirement of Bonds Payable Discount on Bonds Payable Bonds Payable 360000