Adele corp., a wholesaler of music equipment, issued $22,000,000 of 20-year, 7% callable bonds on march 1, 2016 at their face amount, with interest payable on march 1 and september 1. the fiscal year of the company is the calendar year.
journalize the entries to record the following selected transactions. be sure to include the year in the date for the entries recording the issue and calling of the bonds.
mar. 1 issued the bonds for cash at their face amount.
sept. 1 paid the interest on the bonds.
sept. 1 called the bond issue at 102, the rate provided in the bond indenture.
(omit entry for payment of interest.)

Can you with personal finance homework1 abbreviation of annual percentage rate which the interest rate is applied annually to a loan or a credit card balance2 abbreviation of annual percentage yield the rate of return earn in the course of one whole year taking compounding into amount expressed as a percentage3 cash and other liquid assets such as demand deposits or treasury bills than individual possesses4 an expense that does not vary from one time period to the next5 to obtain a new loan for something on different terms often involving the pain off of an existing high-interest loan by means of a new lower interest one6 money set aside for future use7 to take money out of an account8 to plan the allocation expenditure or use of money9 the amount of money spent on food clothing and other basic necessities10 the amount of money that is anticipated to be received over a. of time either as payment for work goods or services or as profit on capital