Question: View transaction list Journal entry worksheet 2 Record the entry to retire bonds Note: Enter debits before credits. 0 13 MacBook Pr On 31 December
View transaction list Journal entry worksheet 2 Record the entry to retire bonds Note: Enter debits before credits. 0 13 MacBook Pr On 31 December 20X7, a company has the following bond on the statement of financial position: Bond payable, 7%, interest due sem anualy on 31 Dec. and 30 June; maturity date, 30 June 20X11 $ 8,200,000 68,880 $ 8.268,880 on 28 February 2 X8, 20% of the bond was retred for S 1.804,000 plus accrued interest to 28 February. Interest was paid on this date only for the portion of the bonds that were otre Premium amortization was recorded on this date in the amount of $660, representing amortization on the retired debt only Required: Provide the entries to record the bond interest on 28 February and the bond retirement. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole doilar amount.) View transaction list Journal entry worksheet Record the entry to update interest expense and amortization
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