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1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds. 2a. Journalize the entry to record the first
1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds. 2a. Journalize the entry to record the first semiannual interest payment on December 31, 20Y1, and the amortization of the bond premium, using the interest method. General Journal Instructions How does grading work? PAGE 10 JOURNALACCOUNTING EQUATION Score: 75/75 DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 4 5 6 Points: 14 / 14 2b. Journalize the entry to record the interest payment on June 30, 20Y2, and the amortization of the bond premium, using the interest method. General Journal Instructions How does grading work? PAGE 10 JOURNALACCOUNTING EQUATION Score: 33/37 DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 3 Points: 6.24 / 7
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