b) Prepare the joumal entry on October 31, 2020, to record the first interest payment and the amortization of the premium/discount Date Account Title and Explanation Debit Credit Oct 31 Paid interest an bonds Prepare the adjusting entry on December 31, 2020 Date Account Title and Explanation Debit Credit Dec 31 . e Accrued interest on bonds d) Show the balance sheet presentation of Bonds Payable and related accounts as at December 31, 2020. Bonds Payable Unamortized Premium/Discount $ Book Value