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Please help me and explain this question! Thanks! Bond Issue B (A) Cash Interest Paid $470,000.0 % 9.0% X 3/12 (B) Period Interest Expense (E)

Please help me and explain this question! Thanks!

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Bond Issue B (A) Cash Interest Paid $470,000.0 % 9.0% X 3/12 (B) Period Interest Expense (E) * 10.0% X 3/12 (C) Amort. (A) (B) Period Ending Apr. 1/18 Jul. 1/18 : Apr. 1/26 Jul. 1/26 Oct. 1/26 Jan. 1/27 Apr. 1/27 Jul. 1/27 Oct. 1/27 Jan. 1/28 Apr. 1/28 Totals $ 10,575 : 10,575 10,575 10,575 10,575 10,575 10,575 10,575 10,575 10,575 $ 423,000 $ 11,013 : 11,516 11,539 11,564 11,588 11,614 11,640 11,666 11,693 11,718 * $ 452,496 $ 438 : 941 964 989 1,013 1,039 1,065 1,091 1,118 1,143 $29,496 (D) Unamortized Balance $29,496 29,058 : 8,422 7,458 6,469 5,456 4,417 3,352 2,261 1,143 0 (E) Carrying Value $470,000 (D) $ 440,504 440,942 : 461,578 462,542 463,531 464,544 465,583 466,648 467,739 468,857 470,000 *Adjusted for rounding 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. Date General Journal Debit Credit December 01, 2027 Bond interest expense Record entry Clear entry View general Journal

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