Entries for Issuing and Calling Bonds; Loss Adele Corp., a wholesaler of music equipment, issued $5,920,000 of 20-year, 14% callable bonds on March 1, 20Y1, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. 20Y1 Mar. 1 Issued the bonds for cash at their face amount. Sept. 1 Paid the interest on the bonds. 20Y5 Sept. 1 Called the bond issue at 103, the rate provided in the bond indenture. (Omit entry for payment of interest.) Journalize the entries to record the above selected transactions. Issued the bonds for cash at their face amount. 20Y1 Mar. 1 Paid the interest on the bonds. 20Y1 Sept. 1 Called the bond issue at 103, 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. 20Y5 Sept. 1

Adele COID-, a whdesaler of music equipment, issued 55,920,000 of 20-veac, 1494 calable bonds on March 1, 20r1, at their fact amount, with interest parable on March 1 and September 1 . The fiscal vear of the company is the calendar vear. Mar. 1 Issued the bonds for cash at their face amount sept. I Paid the interest on the bonds: 2005 Sept. 1 Called the bond issue at 103, the rate orevided in the bond indenture. lournalize the entrins to record the above selected transactions: tisued the bonds for cash at their face amount: 20y1 Mar, 1 Paid the interest on the bonds. 20r1 sept: 1 Called the bond issue at 103 , the rate orovided in the bond indenture, (omit untry for parment of interest.) for a compound transaktion, if an amount ber does not requie an entry, leave it blank