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Please help me with account names, credits and debits. 2 pointsSenwer QUESTION 2 Entity Als listed in Hong Kong It is to manufacturer which commenced

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Please help me with account names, credits and debits.
2 pointsSenwer QUESTION 2 Entity Als listed in Hong Kong It is to manufacturer which commenced its business more than thirty years On July 2018, Entity Abought a $3.500.000 $25% bond for 53560.000. It also incurred an issue cost of 52312. Ently Apaid the band price by a direct bank transfer on the purchase date the issue cost was settled on 16 July 2018, Fred interest is recived in arrears The band will be redeemed at a premium over a face vale on 30 June 2012 Erity Amay sell the bond if the band price ha attractive or for any other reason determined by the board of directors. The fair value option was not elected at the initial recognition. Enity A may also hold the band until maturity The fair values of the band were as follows . 30 June 2019 53.900.000 30 June 2020 53560.000 . 30 November 2020 53.250,000 31 Decembw202053,350,000 30 June 2021 54.365.400 Due to the cash shortage on 30 November 2020, the board of directors decided to sell the bond to an independent third party for 53 450.000 and will sign the contract on at December 2020 However, the bond buyer did not appear to sign the contract on 31 December 2020 Finally Enthy Acould not find any new buyers and theld the band unti maturity The effective Interest rate la o 25% The market environment is stable and credit risk troe The end of the reporting period u 21 June REQUIRED: According to relevant accounting standards, prepare ournal entries to recognise the transactions of Ently A from 1 July 2010 to 30 June 2021 ACCOUNTS FOR INPUT Financial asset (Amortised Cost) Financial assat (FVTPL) Financial asset (FVTOCO Financial abiy Equilty Instrument Transaction cost Bank Loss allowance Impairment lossReversal of implement loss Gain on measurement IPL) I Loss on comeasurement (PL) Gain on measurement (OCT) 1 Loss en romeasurement (OCHI Payable Receivable Other income Other expense Reclassification (PR) Reclamation (OCH) Interest expense Interest revenue I Loos on disposal Gain on disposal Retained eaming Nentry ANSWERS Journal Entries Date Account Name Credits Hints For Senec 1-18 ot an Asset Judge Drict Only Enter Amount Judge DC Only Ente Amount 16:10 30 An:10 Not an income Judge Duc Only Enter Amount 30-Jun-19 30-Jun-20 Not an Income Judge Duct Only Enter Amount 30-Jun-19 Not an Income Judge Der Only Enter Amount 30-Jun-19 30-Jun-20 Not an Income Judge Drice Only Enter Amount - 30-Jun-20 - 30-Nov-20 31-Dec-20 . 30-Jun-21 Not an Income. Judge Dr/Cr. Only Enter Amount 30-Jun-21 30-Jun-21 Not an Asset Judge Drice Only Enter Amount 30-Jun-21 Judge DriCr Only Enter Amount 2 pointsSenwer QUESTION 2 Entity Als listed in Hong Kong It is to manufacturer which commenced its business more than thirty years On July 2018, Entity Abought a $3.500.000 $25% bond for 53560.000. It also incurred an issue cost of 52312. Ently Apaid the band price by a direct bank transfer on the purchase date the issue cost was settled on 16 July 2018, Fred interest is recived in arrears The band will be redeemed at a premium over a face vale on 30 June 2012 Erity Amay sell the bond if the band price ha attractive or for any other reason determined by the board of directors. The fair value option was not elected at the initial recognition. Enity A may also hold the band until maturity The fair values of the band were as follows . 30 June 2019 53.900.000 30 June 2020 53560.000 . 30 November 2020 53.250,000 31 Decembw202053,350,000 30 June 2021 54.365.400 Due to the cash shortage on 30 November 2020, the board of directors decided to sell the bond to an independent third party for 53 450.000 and will sign the contract on at December 2020 However, the bond buyer did not appear to sign the contract on 31 December 2020 Finally Enthy Acould not find any new buyers and theld the band unti maturity The effective Interest rate la o 25% The market environment is stable and credit risk troe The end of the reporting period u 21 June REQUIRED: According to relevant accounting standards, prepare ournal entries to recognise the transactions of Ently A from 1 July 2010 to 30 June 2021 ACCOUNTS FOR INPUT Financial asset (Amortised Cost) Financial assat (FVTPL) Financial asset (FVTOCO Financial abiy Equilty Instrument Transaction cost Bank Loss allowance Impairment lossReversal of implement loss Gain on measurement IPL) I Loss on comeasurement (PL) Gain on measurement (OCT) 1 Loss en romeasurement (OCHI Payable Receivable Other income Other expense Reclassification (PR) Reclamation (OCH) Interest expense Interest revenue I Loos on disposal Gain on disposal Retained eaming Nentry ANSWERS Journal Entries Date Account Name Credits Hints For Senec 1-18 ot an Asset Judge Drict Only Enter Amount Judge DC Only Ente Amount 16:10 30 An:10 Not an income Judge Duc Only Enter Amount 30-Jun-19 30-Jun-20 Not an Income Judge Duct Only Enter Amount 30-Jun-19 Not an Income Judge Der Only Enter Amount 30-Jun-19 30-Jun-20 Not an Income Judge Drice Only Enter Amount - 30-Jun-20 - 30-Nov-20 31-Dec-20 . 30-Jun-21 Not an Income. Judge Dr/Cr. Only Enter Amount 30-Jun-21 30-Jun-21 Not an Asset Judge Drice Only Enter Amount 30-Jun-21 Judge DriCr Only Enter Amount

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