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ACC2000 Fal 2017 C 100 On January 1, 2017, Bargain Company issued $1,000,000 of 10 year, 8% bonds for 98, interest is paid annually on

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ACC2000 Fal 2017 C 100 On January 1, 2017, Bargain Company issued $1,000,000 of 10 year, 8% bonds for 98, interest is paid annually on January 1 Prepare the entry to record the issuance of the bonds. Prepare the year-end adjusting entry Show how the above information reiated to the bond will appear on the balance sheet for the year ended December 31, 2017 Extra Company has $1,500.000 of bonds outstanding. The unamortized premium is $19.600. The bonds were redeemed at 101. Prepare the necessary journal entry

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