Answer is complete but not entirely correct. No Date Accounts 1 December 31, 201 Bonds payable Interest income Premium on bonds payable Gain on retirement of bonds Interest expense Investment in bonds Debit Credit 750,000 78,000 27,000 60,000 72,000 723,000 2 December 31, 202 Bonds payable 750,000 Interest income 78,000 Premium on bonds payable 24,000 Investment in Hamilton 54,000 Interest expense 72,000 Investment in bonds 726,000 3 December 31, 202 Bonds payable 750,000 Interest income 78,000 Premium on bonds payable 21,000 Investment in Hamilton 48,000 Interest expense 72,000 Investment in bonds 729,000