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(B) (A) Cash Period Interest Interest Paid Expense $630,000.0 x (E) x 12.0% x (C) Amort. Period Ending 8.0% * 3/12 3/12 (A) - (B) Apr. 1/18 $145,623 (D) Unamortized Balance (E) Carrying Value $630,000 - (D) $ 484,377 Jul. 1/18 $ 12,600 $ 14,531 $ 1,931 143,692 486,308 Apr. 1/26 12,600 17,428 4,828 44,223 585,777 Jul. 1/26 12,600 17,573 4,973 39,250 590,750 Oct. 1/26 12,600 17,723 5,123 34,127 595,873 Jan. 1/27 12,600 17,876 5,276 28,851 601,149 Apr. 1/27 12,600 18,034 5,434 23,417 606,583 Jul. 1/27 12,600 18,197 5,597 17,820 612,180 Oct. 1/27 12,600 18,365 5,765 12,055 617,945 Jan. 1/28 12,600 18,538 5,938 6,117 623,883 Apr. 1/28 12,600 18,717* 6,117 0 630,000 Totals $ 504,000 $ 649,623 $145,623 *Adjusted for rounding f. Show how bond B would appear on the balance sheet under non-current liabilities at July 31, 2026. Answer is not complete. Balance Sheet (Partial) Non-current liablities Bonds payable, 12.0%, due April 1, 2028 $ 630,000 Less: Discount on bonds payable g. Calculate the bond B interest expense that would appear on the income statement for the year ended July 31, 2027. Total bond interest expense h. Independent of (a) through (g), assume that bond B issues was retired on December 1, 2027, at 97. Record the entries. No 1 Date December 01, 202 Bond interest expense Answer is not complete. General Journal Debit Credit Discount on bonds payable Cash 2 December 01, 202 Bonds payable 630,000 Discount on bonds payable Gain on retirement of bonds Cash

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