Question: Entries for Issuing and Calling Bonds; Loss Adele Corp., a wholesaler of music equipment, issued $18,880,000 of 25-year, 11% callable bonds on March 1, 2041,

Entries for Issuing and Calling Bonds; Loss Adele Corp., a wholesaler of music equipment, issued $18,880,000 of 25-year, 11% callable bonds on March 1, 2041, at their face amount, with interest payable on Mare 1 and September 1. The fiscal year of the company is the calendar year. 2011 Mar. 1 Issued the bonds for cash at their face amount. Sept. 1 Paid the interest on the bonds. 2015 Called the bond issue at 102, the rate provided in the bond indenture. Sept. 1 (Omit entry for payment of interest.) Journalize the entries to record the above selected transactions Issued the bonds for cash at their face amount 2011 Mar. 1 Paid the interest on the bonds. 2011 Sept. 1 Called the bond issue at 102, the rate provided in the bond indenture. (Omit entry for payment of interest.) For a compound transaction, if an amount box does not require an entry, leave it blank 2015 Sept. 1 Next Check My Work Sept. 1 Paid the interest on the bonds. 20Y5 Called the bond issue at 102, the rate provided in the bond indenture. Sept. 1 (Omit entry for payment of interest.) Journalize the entries to record the above selected transactions.
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