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Worldview Magazine issued $390,000 of 15 year, 6% collable bonds payable on July 31, 2018 at 95. On July 31, 2021. Worldview called the bonds
Worldview Magazine issued $390,000 of 15 year, 6% collable bonds payable on July 31, 2018 at 95. On July 31, 2021. Worldview called the bonds at 103. 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 property. 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 amortization method) First, complete the sentence below on the bonds at The carrying amount of the bonds payable at issuance (July 31, 2018) is 5 issuance amounts to $
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