On March Havenford Corporation issued $ year, bond. Interest is to be paid semiannually September and March The market rate for similar bonds was at the time the bonds were sold.Havenford Corporation has a April year end and uses the effective interest method to amortize any discount or premium.On September Havenford redeemed of the face value of these bonds at and retired them Calculate the PV of the bonds
Complete the amortization table using the effective interest method.
Record the following journal entries in the table below. i Prepare the journal entry to record the issuance of the bond.
ii Prepare the journal entry to accrue the bond interest at corporate year end.
iii Prepare the journal entry to record the first interest payment
iv Prepare the journal entry for the retirement of the bonds.Please do it properly correctly and with all the steps or calculations
Kindly do it right i need a special expert for this
Moroever please do it with easy way not using calculus
I need a proffesional And please calculate with each step
