Westview Magazine issued $300,000 of 15 year, 8% callable bonds payable on July 31, 2018, at 98. On July 31, 2021, Westview called the bonds at 103. Assume annual interest payments Requirements 1. Without making joumal 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-line amortizatio First, complete the sentence below. The carrying amount of the bonds payable at issuance (July 31, 2018) in s The on the bonds at Issuance amounts to s The carrying amount of the bonds payable at July 31, 2021 is $ Requirement 2. Assume all amortization has been recorded properly Journalize the retirement of the bonds on July 31, 2021 No explanation is required. (Record debit first, then credits Exclu Date Accounts Debit Credit 2021 Jul 31