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Period Ending (A) Cash Interest Paid $530,000.0 10.0% 3/12 (B) Period Interest Expense (E) 10.5% 3/12 (C) Amort. (A) (B) (D) Unamortized Balance (E) Carrying

Period Ending (A) Cash Interest Paid $530,000.0 10.0% 3/12 (B) Period Interest Expense (E) 10.5% 3/12 (C) Amort. (A) (B) (D) Unamortized Balance (E) Carrying Value $530,000 (D)
Apr. 1/18 $ 16,286 $ 513,714
Jul. 1/18 $ 13,250 $ 13,485 $ 235 16,051 513,949
Apr. 1/26 13,250 13,775 525 4,726 525,274
Jul. 1/26 13,250 13,788 538 4,188 525,812
Oct. 1/26 13,250 13,803 553 3,635 526,365
Jan. 1/27 13,250 13,817 567 3,068 526,932
Apr. 1/27 13,250 13,832 582 2,486 527,514
Jul. 1/27 13,250 13,847 597 1,889 528,111
Oct. 1/27 13,250 13,863 613 1,276 528,724
Jan. 1/28 13,250 13,879 629 647 529,353
Apr. 1/28 13,250 13,897 * 647 0 530,000
Totals $ 530,000 $ 546,286 $ 16,286

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f. Show how bond B would appear on the balance sheet under non-current liabilities at July 31, 2026. 5 Balance Sheet (Partial) Non-current liablities Bonds payable. 10.5%, due April 1, 2028 s Less: Discount on bonds payable 530,000 9. Calculate the bond B interest expense that would appear on the income statement for the year ended July 31, 2027. Total bond interest expense h. Independent of (a) through (g). assume that bond B issues was retired on December 1, 2027, at 97. Record the entries. View transaction list Journal entry worksheet Record the interest paid on bonds. Note: Enter debits before credits. General Journal Debit Credit Date December 01, 2027

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