B C D E 4-year term on July 1, 2018 and received $540,000. Interest is payable annually. The premium is amortized using the straight-line method. Prepare journal entries for the following transactions (A-D). A. July 1, 2018: entry to record issuing the bonds cash 540,000 bonds payable 500,000 Premium on bonds payable 40,000 8 9B. June 30, 2019: entry to record payment of interest to bondholders 0 1 2 3 4 C. June 30, 2019: entry to record amortization of premium 5 36 7 38 89 D. Entry to record the retirement of the bond at maturity. 40 41 42 43