1.) on January first 2027 Hogan enterprises issued a percent, 20 old bond with the face amount of 3 million at 101. Interest is payable annually on Jennifers.

2.) queen company issued bonds with the face amount of 2 million in 2024. As of January 1, 2027, the balance in discount on bonds payable is 6000. At the time, queen, redeem the bonds at 102

3.) on December 1 Gilman corporation borrowed 20,000 and a 90 day 6% note. prepare the entries to record issuance of the note, the accrual of interest at your end and payment to note

On January 1,2027. Hogan Enterprises issued 8%,20-year bonds with a face amount of $3,000,000 at 101 . Interest is payable annually on January 1. Prepare the entries to record the issuance of the bonds and the first annual interest accrual and amortization, assuming that the company uses straight-line amortization. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List all debit entries before credit entries.) Queen Company issued bonds with a face amount of $2,000,000 in 2024. As of January 1,2027, the balance in Discount on Bonds Payable is $6,000. At that time, Queen redeemed the bonds at 102 . Assuming that no interest is payable, make the entry to record the redemption. (Credit account titles are outomotically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.) On December 1, Gilman Corporation borrowed $20,000 on a 90 -day, 6% note. Prepare the entries to record the issuance of the note, the accrual of interest at year-end, and the payment of the note. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. List all debit entries before credit entries. Use 360 days for calculation.)