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pls answer On Juncan, 2012, Tamarkk Company issued 12x bands with a parvas $340,000 duc in 20 years. They were issued at 95 and were
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On Juncan, 2012, Tamarkk Company issued 12x bands with a parvas $340,000 duc in 20 years. They were issued at 95 and were calable at 104 at any late after June 30, 2020. Be flower interest rates and a signincat change In the company's credit rating, it was decided to call the entire con June 30, 2021. and to Issucnew bonds. Now boncts were sold in the amount or $1070 000 02: they mature in zoyears. Tamaris Company uses straight-line amortization. Interest payment dates are December 31 and June 30. Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 30 2021 Prepare the entry requirw.on December 21,2021, to record prof chemistrants interest and the amortization of premum on the bank 04 (Round answers to decimal places, 6.9.38,548. If he entry is required, select "No Entry for the account ticles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. ite Account Titles and Explanation Debit {Tc record the redemption of the old SUSI {Tc record the sale of the nem wue) On Juncan, 2012, Tamarkk Company issued 12x bands with a parvas $340,000 duc in 20 years. They were issued at 95 and were calable at 104 at any late after June 30, 2020. Be flower interest rates and a signincat change In the company's credit rating, it was decided to call the entire con June 30, 2021. and to Issucnew bonds. Now boncts were sold in the amount or $1070 000 02: they mature in zoyears. Tamaris Company uses straight-line amortization. Interest payment dates are December 31 and June 30. Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 30 2021 Prepare the entry requirw.on December 21,2021, to record prof chemistrants interest and the amortization of premum on the bank 04 (Round answers to decimal places, 6.9.38,548. If he entry is required, select "No Entry for the account ticles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. ite Account Titles and Explanation Debit {Tc record the redemption of the old SUSI {Tc record the sale of the nem wue)Step by Step Solution
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