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Business, 20.01.2020 21:31 10040816

Assume bonds payable are amortlzed uslng the straight-line amortlza tlon method unless stated otherwise. retlrlng bonds payable before maturityparkview magazine issued $690,000 of 15-year, 5% callable bonds payable on july 31, 2016, at 95. on july 31, 2019,parkview called the bonds at 101- assume annual interest payments. requlrements1- without making journal entries, compute the carrying amount of the bonds payable at july 31, 2019.2 assume all amortization has been recorded properly. journalize the retirement of the bonds on july 31, 2019. noexplanation is required.

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