Question: answer only plz, direct thumbs up Question 21 Presented below are two independent situations. 1. Carla plc redeemed 136,000 face value, 10% bonds on June

 answer only plz, direct thumbs up Question 21 Presented below are

answer only plz, direct thumbs up

Question 21 Presented below are two independent situations. 1. Carla plc redeemed 136,000 face value, 10% bonds on June 30, 2017, at 105. The carrying value of the bonds at the redemption date was 125,120. The bonds pay annual interest, and the interest payment due on June 30, 2017, has been made and recorded. 2. Sarasota Ltd. redeemed E147,700 face value, 15.5% bonds on June 30, 2017, at 99. The carrying value of the bonds at the redemption date was 150,200. The bonds pay annual interest, and the interest payment due on June 30, 2017, has been made and recorded. Prepare the appropriate journal entry for the redemption of the bonds in each situation. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit No. Date Account Titles and Explanation 1. June 30 2. June 30

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