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  3. for this question, you will need to do the followi

For this question, you will need to do the following Download the attached document...

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Accounting

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For this question, you will need to do the following Download the attached document Journal - Question 17.xlsx and save to your computer. Complete the problem on your computer. Once completed you will need to upload the document back to Canvas. Question 17 - Journalize the following transactions CAB Corporation issues $9.000.000 of 5 year, 8% bonds at a market rate of 6% receiving cash of $9.488.844. Interest is paid semiannually. 1. Journalize issuance of bonds on May 1, 2019. 2. Journalize interest payment on November 1, 2019. include amortization of Bond Premium or Bond Discounts using straight line. 3. What is the carrying value that should be reported on the Balance Sheet for November 30, 2019 Please provide the detail below. G JOURNAL - Question 17 DATE DESCRIPTION POST REF DEBIT CREDIT 1 1 2 3 4 5 5 5 3 B 9 10 11 12 13 6 7 8 9 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 25 32 33 34 35 36 37 SA

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