E14-25 (similar to) E Question Help Eastview Magazine issued $630,000 of 15-year, 9%...
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E14-25 (similar to) E Question Help Eastview Magazine issued $630,000 of 15-year, 9% callable bonds payable on July 31, 2016, at 96. On July 31, 2019. Eastview called the bonds at 101. Assume annual interest payments. Requirements 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2019. 2. Assume all amortization has been recorded properly. Journalize the retirement of the bonds on July 31, 2019. No explanation is required Requirement 1. Without making journal entries, compute the carrying amount of the bonds payable at July 31, 2019. (Assume bonds payable are amortized using the straight-line amortization method.) First, complete the sentence below. The carrying amount of the bonds payable at issuance (July 31, 2016) is S630000 . The discount on the bonds at issuance amounts to $
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