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18.00 points Swanson Corporation issued $7,100,000 of 20-year, 8 percent bonds on April 1, 2013, at 102. Interest is due on March 31 and September
18.00 points Swanson Corporation issued $7,100,000 of 20-year, 8 percent bonds on April 1, 2013, at 102. Interest is due on March 31 and September 30 of each year, and all of the bonds in the issue mature on March 31, 2033. Swanson's financial year ends on December 31. Prepare the following journal entries: a Prepare the journal entry at April 1, 2013. to record the issuance of the bonds (Omit the response) sign in your Debit Credit Date Apr 1, 2013 General Journal Click to select (Click to select) (Click to select) b. Prepare the journal entry at September 30, 2013. to pay interest and to amorize the bond premium (Omit the "S" sign in your response) Caner Journal Debit Credit Sept 30, 2013 (Click to select (Click to select (Click to select Prepare the journal entry at March 31, 2033, 10 pay interest amorize the bond premium and retre the bonds at matunity make two separate entries) (Omit the "S" sign in your response.) Date Mer 31, 2033 Debit Credit Gener Jouma (Click to select (Click to select (Click to select (Click to select Mar 31, 2033 (Click to select) (Click to select)
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