50% time remaining (30 minutes) 28:06 Hide Bridgeport Corporation sold $3,270,000,9%, 5-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on January 1, Bridgeport Corporation uses the straight-line method to amortize bond premium or discount. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2017, assuming that the bonds sold at 107. Credit accounts are automatically indented when amount is entered. Do not indent manually Debit Credit Date Account Titles and Explanation 3498400 Jan. 1 Cash 278900 Premium on Bonds Payable Bonds Payable Dec. 31 Interest Expense Premium on Bonds Payable Interest Payable 02 - OOM Tybe here to search DELL ux time remaining (30 minutes) 27:37 Hide Prepare journal entries to record the issuance of the bonds and bond interest expense for 2017 auming that the bonds sold at %6. Onedit account title ore automatically Indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan 1 Dec. 31 List of Accounts o e mo@IM 1 Type here to search DELL u ume remaining (30 minutes) (1) Show the balance sheet presentation for the bond issue at December 31, 2017, using the 107 selling price. BRIDGEPORT CORPORATION Balance Sheet(Partial) (2) Show the balance sheet presentation for the bond issue at December 31, 2017, using the 96 selling price. BRIDGEPORT CORPORATION O e N O @ SM 1 Type here to search DOLL 50% time remaining (30 minutes) (2) Show the balance sheet presentation for the bond issue at December 31, 2017, using the 96 selling price BRIDGEPORT CORPORATION Balance Sheet(Partial) List of Accounts o e OSM Type here to sea DOLL