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Please do step by step 35 The bonde pay intereat eemi-unnually on Muy 31 and Nevornber 30 . Tho bondis are to be of 20%
Please do step by step 35 The bonde pay intereat eemi-unnually on Muy 31 and Nevornber 30 . Tho bondis are to be of 20% af the bonds. At that time the bonds were solling at imatructlone (Round all values to the nearest dollar) a) Prepare tho journal entry for the issuance of the bonde on 3 une 1,2020 . b) What was the interest expense related to these bonds that would be reported on Twilight's calendar 2020 income statement c) Prepare all entries from after the issue of the bond until December 31,2020 . d) Calculate the gain or loss on the partial retirement of the bonds on J une 1.2022. e) Prepare the journal entries to record the partial retirement on June 1,2022
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