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Posted on May 30, 2024

Date June 30, 2020 Account Titles and Explanation Debit Cash 4,688,000 Credit 4,360,000 328,000 2,120.00 283,400 Bonds Payable Premium on Bonds Payable December Interest

Date June 30, 2020 Account Titles and Explanation Debit Cash 4,688,000 Credit 4,360,000 328,000 2,120.00 283,400 Bonds Payable Premium on Bonds Payable December Interest Expense 281,280.00 31, 2020 Premium on Bonds Payable Cash June 30, Interest Expense 281,153 2021 Premium on Bonds Payable 2,247 Cash December Interest Expense 281,018 31, 2021 Premium on Bonds Payable 2,382 Cash 283,400 283,400

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