Question: Your answer is partially correct. Carla Co . sells $ 3 6 5 , 0 0 0 of 1 2 % bonds on June 1

Your answer is partially correct.
Carla Co. sells $365,000 of 12% bonds on June 1,2025. The bonds pay interest on December 1 and June 1. The due date of the
bonds is June 1,2029. The bonds yield 10%. On October 1,2026, Carla buys back $120,450 worth of bonds for
$127,450(includes accrued interest). Give entries through December 1,2027.
Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize
premium or discount on interest dates and at year-end. (Round answers to 0 decimal places, e.g.38,548.) Prepare all the relevant journal entries from the time of the sale until December 31,2027. DO NOT USE PREVIUOS WORK FROM CHEGG. THEY ARE ALL WRONG.
 Your answer is partially correct. Carla Co. sells $365,000 of 12%

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