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125% + Add Page I Insert T Text Do Collaborate View Zoom Table Chart Shape Media Comment Format Document Text Default* Update Buffalo Company issued

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125% + Add Page I Insert T Text Do Collaborate View Zoom Table Chart Shape Media Comment Format Document Text Default* Update Buffalo Company issued $648,000 of 10%, 20-year bonds on January 1, 2017, at 104. Interest is payable semiannually on July 1 and January 1. Buffalo Company uses the straight-line method of amortization for bond premium or discount. Style Layout More Font Verdana Prepare the journal entries to record the following. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Regular 12 pt B 1 U s v (a None The issuance of the bonds. Character Styles (b The payment of interest and the related amortization on July 1, 2017. Text Color (C The accrual of interest and the related amortization on December 31, ) 2017. E Spacing 1.0 - Single Bullets & Lists None No Bullets Indent: O in Bullet O in Text Drop Cap A= 111 words

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