1. The journal entry to record the bond issue is A. Cash 303,600 Bonds Payable 303,600 B. Cash 303,600 Bonds Payable 300,000 Premium on Bonds Payable C. Bonds Payable 3,600 303,600 Cash 300,000 Premium on Bonds Payable 3,600 D. Cash 300,000 Bonds Payable 300,000 2. What is the amortization of the bond premium from February 1 to July 31? (Assume that straight-line amortization is used.) A. $15 c. $90 B. $60 D. $150 3. The entry to record the accrued interest on July 31, 2004, would be A. Bond Interest Expense Bond Interest Payable 9,000 9,000 B. Bond Interest Payable Bond Interest Expense C. Bond Interest Expense Bond Interest Payable D. Bond Interest Payable Bond Interest Expense 9,000 9,000 6,000 6,000 6,000 6,000