c

Martinez Corporation sold $2,500,000,8%,5-year bonds on January 1, 2025. The bonds were dated January 1.2025, and pay interest on January 1 . Martinez Corporation uses the straight-line method to amortize bond premium or discount. (a) Your answer is correct. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2025. assuming that the bonds sold at 103. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O Ofor the amounts) Prepare joumal entries to record the issuance of the bonds and bond interest expense for 2025 , assuming that the bonds sold at 95. (Uist all debit entries before credit entrles. Credlt account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts) (1) Show the balance sheet presentation for the bond issue at December 31,2025 , using the 103 selling price. (2) Show the balance sheet presentation for the bond issue at Dech ber 31, 2025, using the 95 selling price