quirement 2. Assume all amortization has been recorded properly. Journalize the retirement of the bone journal entries.) Date Accounts Debit Credit 2021 Jul. 31 500,000 Bonds Payable Loss on Retirement of Bonds Payable Cash Discount on Bonds Payable moose from any list or enter any number in the input fields and then click Check Answer. 11 parts showing Clear I Type here to search BE Uuesalp Westview Magazine issued $500,000 of 15-year, 5% callable bonds payable on July 31, 2018 at 97. On July 31, 2021, Westview called the bonds at 102. Assume annual interest payments Requirements 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2021 2. Assume all amortization has been recorded properly, Journalize the retirement of the bonds on July 31, 2021. No explanation is required. Requirement 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2021. (Assume bonds payable are amortized using the straight amortization method) First, complete the sentence below. The carrying amount of the bonds payable at issuance (July 31, 2016) is issuance amounts to $ 15,000 485,000 The discount on the bonds at The carrying amount of the bonds payable at July 31, 2021 is $ 488.000 Requirement 2. Assume all amortization has been recorded properly Journalize the retirement of the bonds on July 31, 2021. No explanation is required. (Record debts first, then credit Eclude explanations from any journal entries.) Date Accounts Debit Credit 9024 Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Final Check 905 AM Type here to search 10/21/2020