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pls answer everything correctly. i will like and thumbs up Skysong Co. sells $413,000 of 12% bonds on June 1, 2020. The bonds pay interest

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Skysong Co. sells $413,000 of 12% bonds on June 1, 2020. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2024. The bonds yield 10%. On October 1, 2021, Skysong buys back $128,030 worth of bonds for $134,030 (includes accrued interest). Give entries through December 1, 2022. Prepare a bond amortization schedule using the effective interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to decimal places, eg. 38,548.) Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Cash Paid Interest Expense C: An E Premium Amortized Date 6/1/20 $ 24780 $ $ 21985 12/1/20 24780 21845 2795 6/1/21 -2935 24780 21698 21544 -3082 12/1/21 24780 21382 -3236 6/1/22 24780 Question 4 of 5 25.15 / 35 = Bonds Sold to Yield Cash Paid Interest Expense Premium Amortized Carrying Amount of Bonds $ 24780 21985 439693 24780 21845 2795 436898 24780 21698 - 2935 433963 24780 21544 -3082 430881 24780 21382 -3236 427645 24780 21212 3398 424247 24780 21034 -3568 420679 24780 20847 3746 416933 437780 171547 -416933 Difference due to rounding Prepare all of the relevant journal entries from the time of sale until December 31, 2022. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answers to decimal places eg. 58,971. If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit 6/1/20 Cash 439693 Premium on Bonds Payable 26693 Bonds Payable 413000 12/1/20 Interest Payable 21985 Premium on Bonds Payable 2795 Cash 24780 12/31/20 Interest Expense 3641 Premium on Bonds Payable 12/31/20 Interest Expense 3641 Premium on Bonds Payable 489 Interest Payable 4130 6/1/21 Interest Payable 4130 Interest Expense 18204 Premium on Bonds Payable 2446 Cash 24780 10/1/21 Bonds Payable 128030 Interest Expense 4484 637 Premium on Bonds Payable (To record interest expense and premium amortization) Loss on Redemption of Bonds 10/1/21 879 Cash 134030 Cash 134030 (To record buy back of bonds) 12/1/21 12/31/21 6/1/22 12/31/21 6/1/22 12/1/22

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