Question: View Polides Current Attempt in Progress Presented below are selected transactions on the books of Carla Corporation May 1 2020 Dec 31 Bonds payable with


View Polides Current Attempt in Progress Presented below are selected transactions on the books of Carla Corporation May 1 2020 Dec 31 Bonds payable with a par value of $830400, which are dated January 1, 2020, are sold at 107 plus accrued interest. They are coupon bonds, bear interest at 13% (payable annually at January 1), and mature January 1 2030. (Use interestepense account for accrued interest) Adjusting entries are made to record the accrued interest on the bonds, and the amortization of the proper amount of premium (Use straight-line amortization) Interest on the bonds is paid Bonds with par value of $332.160 are called at 103 plus accrued Iriterest and redeemed (Bond premium is to be amortired only at the end of each year) Adjusting entries are made to record the accrued interest on the bords, and the proper amount of premium amortized Jan 1.2021 April Dec 31 Prepare format entries for the tramviactions above. Round intermediate calculations to 6 decimal pocs 1281247 and final onwers to decimal places, ..38.548.no entry pred select "No Entry for the accountitles and enter for the amounts and account titles are automatically indented when amount is entered Do not inden many Date Account Titles and Explanation Debit Credit Date Account Titles and Explanation Debit Credit LILIT (To record the interest) (To amortize the premium) Apr. 1.2024 Apr. 1.2021 (To record the interest) (Te amortize the premium)
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