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this is one question please help with this one . Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization
this is one question please help with this one . Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue A "Adjusted for rounding (For all requirements, do not round intermediate calculations. Round the final answers to the nearest whole dollor) Required: 1. Bond Issue A a. Were the bond A issued at a premium and/or discount? (For all requirements, do not round intermediate calculations. Round the final answers to the nearest whole dollar.) Required: 1. Bond Issue A a. Were the bond A issued at a premium and/or discount? Issued at discount Issued at premium Issued at premium \& discount b. Journalize the issuance of bond A on June 1, 2023. Journal entry worksheet Record the sale of bonds at a premium on the original issue date. Journal entry worksheet Record the sale of bonds at a premium on the original issue date. Note: Enter debits before credits. c. What is the contract interest rate for the issue bond A? d. Interest of how much is paid how often for bond A issued? e. What is the term of bond A issue? f. Show how bond A would appear on the balance sheet under non-current llabilitles at July 31, 2029. (Enter all amounts as positive values.) g. Calculate the total bond A interest expense that would appear on the income statement for the year ended July 31.2030. h. Independent of (a) through (g), assume bond A issues were retired on December 1,2030 , at 97. Record the entries Journal entry worksheet
this is one question please help with this one .
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