Question: need answer for empty spaces On March 1, 2020, Quinto Mining inc. Issued a 5700,000,9%, three-year bond. Interest is payable semiannually beginning September 1,2020 .



On March 1, 2020, Quinto Mining inc. Issued a 5700,000,9%, three-year bond. Interest is payable semiannually beginning September 1,2020 . Requlred: Part 1 7. Calculate the bond issue price assuming a markjit interest rate of 8% on the date of issue. (Do not round intermediate calcutations. Round the final answer to nearest whole dollar) b. Using the offective interest method. prepare an amortization schedule. (Do not round intermediate calculations. Round the final unswers to nearest whole doliar. Enter all the amounts as positive values.) Part 2 a. Calculate the bond issue price assuming a market interest rate of 10.0% on the date of issue. (Do not round intermediate calculations. Round the final answer to nearest whole dollar.) b. Using the effective interest method, prepore an amortizotion schedule. (Do not round lntermediate calculations. Round the final answers to nearest whole dollar. Enter all the amounts as positfve values.) C. Record the entries for the issuance of the bond on March 1; the adjusting entry to accrue bond interest and related amortization on April 30, 2020, Quinto's year-end; and the payment of Interest on September 1,2020. Journal entry worksheet Record the issuance of bond. Note: Enter debits before credits. d. Record the entries for the retirement of 30% of the bonds at 102 , on September 1,2020 , after the interest payment. Journal entry worksheet Record retirement of 30% of shares at 102 . Note: Enter debits before credits
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