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Stuck on this last question! Panamint Candy Company prepared the following amortization table for $200,000 of 5-year,6% bonds issued and sold by Panamint on January

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Stuck on this last question!

Panamint Candy Company prepared the following amortization table for $200,000 of 5-year,6% bonds issued and sold by Panamint on January 1, 2021, for $181,000 4 Indicafe how these bonds wi appear in Panamint's December 31, 2024 balance sheet Cash Interest Discoun ton Discount on Payment Expense Bonds Payable Bonds Payable Period (Credit) (Debit) At issue 06/30121 12/31/21 06/30/22 1231/22 06/30123 12/31/23 08/3024 12/31/24 06/30125 12/31/25 6,000 Credit Balance Carrying Value $19,000 17,100 15,200 13,300 11,400 9,500 7,600 5,700 3,800 1,900 $181,000 182,900 184,800 186,700 188,600 190,500 192 400 194,300 195,200 198,100 Score: 20/28 Panamint Candy Company Balance Sheet (Partial) December 31, 2024 $1,900 1,900 1,900 1,900 1,900 1,900 1,900 1,900 1,900 $6,000 6,000 5,000 8,000 5,000 6,000 6,000 5,000 8,000 $7,900 7,900 7,900 7,900 7,900 7,900 7,800 7,900 7,900 1Bonds payable 2 Bonds due in 2025 3Less:Discount on bonds payable 200,00000 Points57 7,900 1,900 200,000 Feedback Required: 1. Prepare the entry to recognize the sale or the bonds on January 1, 2021 2. Prepare the entry to recognize the firat interest payment an June 30, 2021 3. Determine the interest expense for these bonds that PanamNnt wnW report on its 2023 ncome statement 4. Indicate how these bonds wl sopear in Panamint's December 31, 2024 Dalance sheet 7 Check My Work Discount and premium accounts are valuation accounts

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