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z Saved Help Save & On October 1, 2020, Dejour Energy Inc. issued a $681,000, 75%, seven-year bond. Interest is to be paid annually each

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z Saved Help Save & On October 1, 2020, Dejour Energy Inc. issued a $681,000, 75%, seven-year bond. Interest is to be paid annually each October 1 Dejour Energy Inc. has a November 30 year-end. (Use TABLE 14A1 and TABLE 14A2). Note: Use table values for PV calculations. (Use appropriate factor(s) from the tables provided.) Required: a. Calculate the issue price of the bond assuming a market interest rate of 8.0% on the date of the bond issue (Do not round intermediate calculations. Round the final answers to the nearest whole dollar) Issue price of the bond b. Using the effective interest method, prepare an amortization schedule. (Do not round Intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) Period Ending Cash Interest Paid Period Interest Expense Discount Amortization Unamortized Discount Carrying Value C Oct 1/20 Oct 1/21 uiz Saved Helps b. Using the effective interest method, prepare an amortization schedule. (Do not round Intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts as positive values.) Period Ending Cash Interest Paid Period Interest Expense Discount Amortization Unamortized Discount Carrying Value Oct 1/20 Oct 1/21 Oct 1/22 Oct 1/23 Oct 1/24 Oct 1/25 Oct 1/26 Oct 1/27 Totals 0 $ Part 1 Record the following entries: (Round your intermediate calculations and final answers to the nearest whole dollar.) a. Issuance of the bonds on October 1, 2020 b. Adjusting entry to accrue bond interest and discount amortization on November 30, 2020 c. Payment of interest on October 1, 2021 View transaction list Journal entry worksheet Record the issuance of bond at discount Hote! Enter debits before credits. Date General Journal Debit Credit Journal entry worksheet Record the accrual of interest. Note: Enter debits before credits General Journal Debit Credit Nov 30 2020 Record entry letty VIDEO THE Journal entry worksheet 1 2 Record the payment of interest. Note: Enter debits before credits. Date General Journal Debit Credit Oct 01, 2021 Record entry View general journai Pre m a uiz Saved Help Seve Part 2 Show how the bond will appear on the balance sheet under non-current liabilities at November 30, 2024. (Do not found intermediate calculations. Round the final answers to the nearest whole dollor.) Balance sheet (Partial) Non-current liabilities

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