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Entries for wing Bonds and Americing Premium by Straight-Line Method Das Corportion wholesales repair products to soment manufacturers. On April 1, 2016, Daan Corporation issued

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Entries for wing Bonds and Americing Premium by Straight-Line Method Das Corportion wholesales repair products to soment manufacturers. On April 1, 2016, Daan Corporation issued $8.500,000 of 6-year, 8bonds at a market (effective interest rate of receiving cash of $9.446,001. Interest is payable seninly on Al 1 and October 1 a. Journaline the entry to record thence of bonds on gril 1, 2016. For a compound transaction, it an amount box does not require an entry, leave it bank Journaline the entry to record the first interest payment on odober 1, 2016, and mortition of honden for six months, using the method. The bond premium mortation is combined with the seminarest payment Round to the nearest for a compound transaction Fatbox des orientere and Why was the company to the bonds for 19,345,01 than for the cement. 500.000 The market bortis

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