=+Appendix 1 EX 15-25 Bond interest and premium amortization entries On June 1, 2010, Firefly, Inc., purchased $120,000 of 10-year, 6% Barron Company bonds at 98, including the brokerage commission. The interest is payable semiannually on June 1 and December 1.

a. Journalize the entry to record the June 1, 2010, bond purchase.

b. Journalize the semiannual interest received on December 1, 2010.

c. Journalize the accrued interest adjustment on December 31, 2010.

d. Journalize the discount amortization adjustment on December 31, 2010.

e. Journalize the receipt of the face amount of the bonds on the bond maturity date, June 1, 2020.

Appendix 1