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please find the income statement year 2021 and the year end balance sheet report for these bonds Suppose HomeBound Arines iswed $130,000 of 8 K.
please find the income statement year 2021
Suppose HomeBound Arines iswed $130,000 of 8 K. tweyear bonds when the maket intecest rate is 10%. The market price of the bonds drops, and Southwest receines $119,974 when the bonds Me issued. The transaction was recorded as folows' (Cick the icon to view the transaction) HomeBounds joumal ectries to record interest expense and amortize the bond discount in the frat year follows (Cick the icon to vew the journal entries) At December 31, 2021, HomeBounds bend accounts appear as follows (Click the icon to yow the accounts) What would HorneBound Airines' 2021 income statement and year -end balance sheet report for these bohds? Davin hu nomedetinn thi incrient statement for 2021 . Transaction Journal entries Accounts and the year end balance sheet report for these bonds
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