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View Policies Current Attempt in Progress Carla Vista Co. issued $478,500, 7%, 15-year bonds on December 31, 2016, for $459,360. Interest is payable annually on

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View Policies Current Attempt in Progress Carla Vista Co. issued $478,500, 7%, 15-year bonds on December 31, 2016, for $459,360. Interest is payable annually on December 31. Carla Vista uses the straight-line method to amortire bond premium or discount Prepare the journal entries to record the following events. (Credit account titles are automatically indented when amount is entered. Do not indent manually) The issuance of the bonds b) The payment of interest and the discount amortization on December 31, 2017 The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. No. Debit Credit Date Account Titles and Explanation Dec 31 2016 a Dec 31. 2017 atv E D 88 DO * $ 4 % 5 & 7 6 8 9 ) O : W E R T Y 0 S S D F G H J J KL C V BN M 98 ommand command option Question 4 of 4

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