Answer:
<u>Redemption of Old Bonds</u>
4-30-17   Bonds Payable                              $311000 Dr
               Loss on Bond Redemption           $26550 Dr
                        Discount on Bonds Payable        $11000 Cr
                        Cash                                                $326550 Cr
<u>Issuance of New Bonds</u>
3-30-17   Cash                                                 $314110 Dr
                      Premium on Bonds Payable            $3110 Cr
                      Bonds Payable                                  $311000 Cr
Explanation:
<u>Redemption of Bonds Payable</u>
The maturity value for bonds payable is equal to the face value of these bonds. This means that the face value of old bonds was $311000.
The bonds were carrying a discount. Thus, the carrying value of bonds was
Carrying value = Face value - Discount 
Carrying value = 311000 - 11000    =  $300000
Bonds with a carrying value of $300000 were redeemed at 105% of the face value. The cash paid for redemption is,
Cash paid = 311000 * 105%  =  326550
Thus, there was a loss on redemption of = 326550  -  300000  = $26550
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<u>Issuance of Bonds Payable</u>
The bonds were issued at 101% of the face value which means they were issued at a premium.
The amount of premium on these bonds is,
Premium = Carrying value - Face value 
Premium = 311000 * 101%  - 311000  
Premium = $3110