Chapter 14 Apple, Inc. sells $300,000 of 10% bonds on March 1, 2010, The bonds pay interest on September 1 and March 1 1 The due date of the bonds is September 1, 2013. The bonds yield 12%, selling for $283,250 Answer the following question a List the two methods that can be used to allocate discount premium of bonds payable) to the term of the bonds: 1. 2. Note: you may choose either method to answer the following questions b. Are the bonds sold at a premium, discount or at Par? c. Journalize the issuance of the bonds on March 11.2010 d. Journalize the payment of interest on September 18 2010 e. Journalize the adjusting entry on December 31* 2010