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Assume that on July 1,2027 Cullumber Co redeems half of the bodns at a cost...

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Accounting

Assume that on July $1, 2027$ Cullumber Co redeems half of the bodns at a cost of $ $1122300$ plus accrued interst. Prepare the journal entryto record this redemption $\$ table $[[$ A $,$ B $,$ C $,$ D $,$ E $], [$ Part a $], [$ Date $,$ Account titles,debit,credit, $], [J a n 12024,$ Cash, $2234253,,], [$ Premium on bonds payable,, $124253,], [$ Bonds Payable,, $2110000,], [,,,$ E $,], [$ Part b $], [$ Date $,$ Cash paid,Interest Exper,premium Amortization,Carrying Value of Bonds. $], [\frac{1}{1} \frac{?}{24}, 0, 0, 0, 2234255], [\frac{1}{1} \frac{?}{25}, 253200, 245768, 7432, 2226821], [\frac{1}{1} \frac{?}{26}, 253200, 244950, 8250, 2218571], [\frac{1}{1} \frac{?}{27}, 253200, 244043, 9157, 2209414], [\frac{1}{1} \frac{?}{28}, 253200, 423036, 10164, 2199250]]$

Part C

Assume that on July $1, 2027,$ Cullumber Co redeems half of the bonds at a cost of $ $1122300$ plus accrue

Date interest. Prepare the journal entry to record this redemption.

$17$

$18$

$19$

$20$

$21$

$22$

$23$

$24$

$25$

$26$

$27$

$28$

$29$

$30$

$31$

$32$

$33$

$34$

Acct Titles

$\frac{7}{1} \frac{?}{27}$

$\$ table $[[$ Interest Expense,Debit,Credit $], [$ Premium on Bondspay,?, $], [$ Cash $,,]]$

$\frac{7}{1} \frac{?}{27}$

$\$ table $[[$ Bonds Payable,?

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