Bond Premium/Discount Bond Principal amount Bond Stated Interest Rate (APR) # years with semi-annual payments @ 6/30 & 12/31 Market Interest Rate @ Issuance (APR) Date of Issuance Bond Issuance Price Use the Strait-line method of amortizing the premium/discount $150,000.00 4.0% 4 5.0% 1/1/17 $144,622.40 Cash Date Payment Interest Expense (circle one below) Prem/Disc Amortized (circle one below) Prem/Disc Carrying Balance Value 1/1/17 6/30/17 12/31/17 6/30/18 12/31/18 6/30/19 12/31/19 6/30/20 12/31/20 Totals General Journal Date Account Names Debit Credit 1/1/17 6/30/17 12/31/17 6/30/18 12/31/18 6/30/19 12/31/19 6/30/20 12/31/20 Notes Payable $80,000.00 Notes Payable Principal amount Interest Rate (APR) 6.0% 4 Number of Years 4 Annual Payments on 10/31 Date of Issuance Equal Principal Payments Plus Interest 11/1/17 Total Interest Principal Principal Date Payment Expense Paid Balance 11/1/17 10/31/18 10/31/19 10/31/20 10/31/21 Totals General Journal (for equal principal payments plus interest) Date Account Names Debit 11/1/17 12/31/17 10/31/18 12/31/18 10/31/19 12/31/19 10/31/20 12/31/20 10/31/21 Credit