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E13.5 ( LO 1 (Entries for Bond Transactions- Effective-Interest) Assume the same information as in E13.4, except that Celine Dion Company uses the effective-interest

E13.5 (

LO 1

\ (Entries for Bond Transactions-\ Effective-Interest) Assume the same information as in E13.4, except that Celine Dion Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of

9.7705%

.\ Instructions\ Prepare the journal entries to record the following. (Round to the nearest dollar.)\ a. The issuance of the bonds.\ b. The payment of interest and related amortization on July 1 , 2025.\ c. The accrual of interest and the related amortization on December 31, 2025.

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E13.5 (LO 1) (Entries for Bond Transactions Effective-Interest) Assume the same information as in E13.4, except that Celine Dion Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.7705%. Instructions Prepare the journal entries to record the following. (Round to the nearest dollar.) a. The issuance of the bonds. b. The payment of interest and related amortization on July 1 , 2025. c. The accrual of interest and the related amortization on December 31, 2025. E13.5 (LO 1) (Entries for Bond Transactions Effective-Interest) Assume the same information as in E13.4, except that Celine Dion Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.7705%. Instructions Prepare the journal entries to record the following. (Round to the nearest dollar.) a. The issuance of the bonds. b. The payment of interest and related amortization on July 1 , 2025. c. The accrual of interest and the related amortization on December 31, 2025

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