, at 102. Interest is payable semiannually on July 1 and januarynon company us , 20 l e od of a m Instructions Prepa y ization for bond premium or discount. re t he journal entries to record the following. (a) The issuance of the bonds. (b) The e payment of interest and the related amortization on July 1,2017 EXCEL (Entries for Bond Transactions-Effective-Interest Assume the same inform ion Company uses the effective-interest method of amortization for bond prem c The accrual of interest and the related amortization on December 31, 2017. E14-5 (LO1) hL tive yield of 9.7705%. Instructions the journal entries to record the following. (Round to the nearest dollar.) (a) The issuance of the bonds. (b) Th (c) The accrual of interest and the related amortization on December 31, 2017. e payment of interest and related amortization on July 1, 2017. $2,000,000 for $1,855,816. The bonds are dated January 1, 2017, and mature January 1,20227 January1 14-6 (LOI) (Amortization Schedule-Straight-Line) Devon Harris Company sells 10% bo chedule of interest expense and discount amortization under the straight-line method. (R (Amortization Schedule-Effective-Interest) Assume the same information a tructions , at 102. Interest is payable semiannually on July 1 and januarynon company us , 20 l e od of a m Instructions Prepa y ization for bond premium or discount. re t he journal entries to record the following. (a) The issuance of the bonds. (b) The e payment of interest and the related amortization on July 1,2017 EXCEL (Entries for Bond Transactions-Effective-Interest Assume the same inform ion Company uses the effective-interest method of amortization for bond prem c The accrual of interest and the related amortization on December 31, 2017. E14-5 (LO1) hL tive yield of 9.7705%. Instructions the journal entries to record the following. (Round to the nearest dollar.) (a) The issuance of the bonds. (b) Th (c) The accrual of interest and the related amortization on December 31, 2017. e payment of interest and related amortization on July 1, 2017. $2,000,000 for $1,855,816. The bonds are dated January 1, 2017, and mature January 1,20227 January1 14-6 (LOI) (Amortization Schedule-Straight-Line) Devon Harris Company sells 10% bo chedule of interest expense and discount amortization under the straight-line method. (R (Amortization Schedule-Effective-Interest) Assume the same information a tructions
