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Please help me with the questions I got wrong, thank you! Appreciated it if you could include work Mahalo Boat Adventure Inc. has a July

Please help me with the questions I got wrong, thank you! Appreciated it if you could include work

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Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue A (A) Cash Interest Paid $760,000 7.0% * 6/12 (B) Period Interest Expense (E) * 6.0% * 6/12 (C) Amort. (A) (B) (E) Carrying Value $760,000 + (D) $ 812,263 810,031 (D) Unamortized Balance $52,263 50,031 Period Ending June 1/20 Dec. 1/20 $ 26,600 $ 24,368 $ 2,232 Dec. 1/26 June 1/27 Dec. 1/27 June 1/28 Dec. 1/28 June 1/29 Totals 26,600 26,600 26,600 26,600 26,600 26,600 $ 478,800 23, 418 23,322 23, 224 23,122 23,018 22,911 $ 426,537 3,182 3,278 3,376 3,478 3,582 3,689 $52, 263 17,403 14,125 10,749 7,271 3,689 0 777,403 774,125 770, 749 767,271 763,689 760,000 *Adjusted for rounding h. Independent of (a) through (g), assume bond A issues were retired on December 1, 2027, at 97. Record the entries X Answer is complete but not entirely correct. No Date General Journal Debit Credit 1 December 01, 202 Interest payable 23,322 x Bond interest expense 23,322 X 3,376 X Premium on bonds payable Cash 26,600 2 December 01, 202 Bonds payable Premium on bonds payable 760,000 10,749 Gain on retirement of bonds 33,549 Cash 737,200 Bond Issue B (A) (B) Cash Period Interest Interest Paid Expense $620,000.0 (E) X 8.0% X 7.0% X 3/12 3/12 (C) Amort. (A) (B) Period Ending Apr. 1/18 Jul. 1/18 $ 10,850 $ 11,552 $ 702 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 10,850 10,850 10,850 10,850 10,850 10,850 10,850 10,850 10,850 $ 434,000 12,147 12,173 12,199 12,226 12,254 12,282 12,311 12,340 12,368 * $ 476,401 1,297 1,323 1,349 1,376 1,404 1,432 1,461 1,490 1,518 $ 42,401 (D) Unamortized Balance $ 42,401 41,699 : 11,353 10,030 8,681 7,305 5,901 4,469 3,008 1,518 0 (E) Carrying Value $620,000 - (D) $ 577,599 578, 301 : 608,647 609,970 611,319 612,695 614,099 615,531 616,992 618,482 620,000 Totals *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. X Answer is complete but not entirely correct. No Date General Journal Debit Credit 1 8,227 December 01, 202 Bond interest expense Discount on bonds payable 2,015 10,242 X Cash 2 620,000 December 01, 202 Bonds payable Discount on bonds payable 2,015 Cash 601,400 16,585 Gain on retirement of bonds

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