Question: journal entry needed for payment 4 Cullumber Technologies Ltd issued bonds with a face value of $80.000,000 that mature in 15 years. The bonds carry

 journal entry needed for payment 4 Cullumber Technologies Ltd issued bonds
with a face value of $80.000,000 that mature in 15 years. The
journal entry needed for payment 4

Cullumber Technologies Ltd issued bonds with a face value of $80.000,000 that mature in 15 years. The bonds carry a 5.0% interest rate and are sold at 104.30 to yield 4.6098. The bonds pay interest semi-annually. (a) Complete the first four payments of the bond amortization schedule below. (Round answers to O decimal places, eg. 125.) eTextbook and Media List of Accounts Attempts: 2 of 2 used (c) Your answer is correct. What is the carrying value of the liability for these bonds at the end of payment 4 ? (Round answer to 0 decimal places, es. 125,) Carrying value of the bonds 5 Show the journal entry to record payment 4 on these bonds. Ignore year-end accruals of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125. List all debit entries before credit entries.)

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