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Presented below are three independent stations (a) Call Corporation redeemed 5380.000 par val of his bands on June 30, 2020, 102 The balance in the Discount on Bonds Payable account is $8.500 There the carrying value of the bonds on the redemption date was 3371506 The bonds pay anuals, and the end on 2020 has been added 667 points Raven in redeemed 5000,000 par val of its bonds on June 10, 2020. The carrying value of the bonds on the redemption date was $415.000 maning the Premium on Bonds Payable account de 15.000 benceThe bonds pay annual rest and the use on June 30 2020 has been made and recorded 67 c) Lance Company has soal 10% 12-year convertible bonds standing These bonds were sold at lace value and interest on December 31 of each year Each 1 000 honda con shares Valley 14 para conock On December 31, 2021.hr the bondine has been paid 50.000 are of bonds (30 bonds were converted 66 Instructions showtions For each of the independent prepare the only to record the retirement or conversion of the bonds Presented below are three Independent stations (*) Gall Corporation reconed 300 000 per value of the bends on June 30, 2020 102. The balance in the Discount on Bonds Payable account is 58.500 Therefore, the carrying value of the bonds on the reception date was 5371,500 The bonds payers and then duron 30 2020 has been made and recorded 667 points th) Ravenne redeemed 400.000 par vos bands on June 30, 2020 The carrying value of the bands on the redemption date was $415.000, meaning the Premium on Bonds Payable account had a $15.000 balanceThe bonds pay annual interest and the date 2222 been made and recorded 667 points o Lorenzo Company has 500.000 par val 10% 12-year convenite bonds outstanding The bonds were sold face value and pay annual interest on December 31 of each year Each $1.000 bands is convertible into 40 shares of Valley 54 par le commented on December 31, 2021. her the band interest has been paid $30.000 par value of bonds (30 bonds were converted 666 points Instructions: Be sure you how to compartions For each of the independent ons, prepare the many to record the retirement or conversion of the bonds Presented below are three independent shutions (a) Gal Corporation redeemed 5380 000 par value of its bonds on June 30, 2020, 102 The balance in the Discount on Bonds Payable account is 58 500 Therefore the carrying value of the bands on the redemption date was 5371.00 The bonds payammualan, and the instrumente 1.2020 and 667 ponts th) Raven heredemad 5400.000 par value of bands at 6 June 2070 The carrying value of the band on the redemption date was $15.000 og nemen Bands Putte contrada 15.000 blance the bonds payannual wars, and met de 30 2020 and recordel 667 points lo Lorence Company has 580.000 par valuti 10% year cufvertible bonds outstanding These bonds were soldatere and pay annual interest on December 31 of each year Each $1.000 bonds is convertible to shares of Volley Spa Vale common stock Os December 31, 2021, her bondine has been paid 50,00 par value of bond band were converted 6 points Instructions: Pesure you show some supporting computations For each of the independent situations, prepare the jumal entry to record the retirement or conversion of the bonds
