b. What item(s) in the table would appear on the 2019 balance sheet? e. Wh at item(s) in the table would appear on the 2019 income statement? d. 2019 statement of cash flows? What item(s) in the table would appear on the Exercise 10-21A Effective interest amortization of a bond premium of interest of 7 of cach year. The effective The bonds sold for $323,165. Young used the effective interest r bond premium. 2016 Young Company issued bonds with a face value of S300,000, a stated rate percent, and a 10-year term to maturity. Interest is payable in cash on December 31 rate of interest was 6 percent at the time the bonds were issued. ate method to amortize the Required a. Determine the amount of the premium on the day of issue b. Determine the amount of interest expense recognized on December 31, 2016. Determine the carrying value of the bond liability on December 31, 2016. d. c. Provide the general jou rnal entry necessary to record the December 31, 2016, interest expense. Exercise 10-22A Effective interest amortization for a bond premium On January 1, 2016, Hart Company issued bonds with a face value of $150,000, a stated rate of interest of 8 percent, and a five-year term to maturity. Interest is payable in cash on Decem- ber 31 of each year. The effective rate of interest was 7 percent at the time the bonds were issued. The bonds sold for $156.150. Hart used the effective interest rate method to amortize the bond premium. P