AutoSave Problem22 (1)adsx Excel File Insert Data Review Help p Search Home Draw Page Layout Formulas View X 10 A A Wrap Text Arial Paste Conditional For BIU R Merge &Center C A e $ % Formatting Ta Clipboard Font Alignment Number Style 1/1/12 You issue $10,000,000 of four-year, 9 % bonds. The market rate is 11% The- discount amount is $633,443. Correct Date Account Debit Credit 1/1/12 cash Date Item 9,366 557 discount on bonds payable bonds payable 633,443 0,000 000 Correct Carrying amount $ 9.366.557 6/30/12 You pay the semi-annual interest to the bondholders (You would normally repeat this every six months; omit these entries to save time.) Date Item Account Debit Credit Date 6/30/12 interest expense cash 12/31/12 You record the adjusting entry to amortize the discount (to the nearest dollar). Account Date Debit Credit C D E Ready O Type here to search W Problem22 AutoSave Off Help View Review Formulas Data Page Layout Insert Draw Home File Wrap Text A A Arial 10 $ % 9 Merge & Center E A Paste BIU- Number Alignment Font Clipboard 12/31/12 You record the adjusting entry to amortize the discount (to the nearest dollar). Credit Debit Account Date 12/31/12 S Carrying amount 12/31/13 You record the adjusting entry to amortize the discount (to the nearest dollar). Credit Account Debit Date 12/31/13 Carrying amount 12/31/14 You record the adjusting entry to amortize the discount (to the nearest dollar). Account Date Debit Credit B C D E Ready O Type here to search Problem22 (1).xdsx- AutoSave Off p Sea View Help le Formulas Data Review Home Insert Draw Page Layout X EE A A Wrap Text Arial 10 aste EE Merge & Center B IU 6 %-$ Alignment Number pboard 12/31/14 Font You record the adjusting entry to amortize the discount (to the nearest dollar). Debit Credit Date Account 12/31/14 Carrying amount 12/31/15 You record the adjusting entry to amortize the discount (to the nearest dollar) Debit Credit Account Date 12/31/15 Carrying amount 12/31/15 You redeem the bonds at face amount Credit Account Debit Date 12/31/15 A B CD E eady O Tvpe here to search AutoSave Help Review View Page Layout Formulas Data Draw Insert File Home Wrap Text A A Arial 10 $% 9 Paste Merge & Center - BIU 00 Number Alignment Font Clipboard Carrying amount 12/31/15 You redeem the bonds at face amount. Debit Credit Account Date 12/31/15 Carrying amount DE A Ready O Type here to search hp