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Autobuse Home Insert 14 : x S UB. Draw Page Layout x ALT-BOND-PREM-AMORTS (1) Formulas Data Review View Closhit ID Apl C4 n 48 b

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Autobuse Home Insert 14 : x S UB. Draw Page Layout x ALT-BOND-PREM-AMORTS (1) Formulas Data Review View Closhit ID Apl C4 n 48 b dinh 1 ALT-BOND-PREMIUM-AMORT G TOTAL SCORE: 3 There are 5 problems in this set. Choose a number between 1 and 5: Note: place entries within the braces. DEBIT 103,000 CREDIT GRADE 5 GENERAL JOURNAL 6 CASH 7 PREMIUM ON BONDS PAYABLE 8 BONDS PAYABLE Date 3,0001 100,000 Transaction 1/1/17 Jackson Company issued $100,000 of bonds at a price of 103.00% of face value. The bonds have a maturity of three years and an interest rate of 6.00% 1 10 INTEREST EXPENSE 11 PREMIUM ON BONDS PAYABLES 12 CASH 13 12/31/17 Make the first interest entry. Debit interest Expense, debit Premium on Bonds Payable, credit Cash. 119,102 12/31/18 Make the second interest entry. 12/31/19 Make the third interest entry. 12/31/19 Make the entry to pay off the face amount of the bonds at the end of year 3 Ali Home U . Page Layout ALT-BOND-PREM-AMORTS (2) insert Draw Formulas Data Review View Closit cat pole Modich vu these dure the di banding the Yen D ALT-BOND-PREMIUM-AMORT TOTAL SCORE: 0 /14 There are 5 problems in this set. Choose a number between 1 and 5: Note: place entries within the braces. LINE DATE GENERAL JOURNAL DEBIT CREONT GRADE Date Transaction 1/1/17 Jackson Company issued $100,000 of bonds at a price of 103.00% of face value. The bonds have a maturity of three years and an interest rate of 6.00% 12/31/17 12/11/17 Make the first interest entry. Debit interest Expense, debit Premium on Bonds Payable, credit Cash 9 12/31/18 12/31/18 Make the second interest entry. 13 12/31/19 12/31/19 Make the third interest entry. 20 15 12/31/19 12/31/19 Make the entry to pay off the face amount of the bonds at the end of year 3

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