Ernst Company issued $592,000, 7-year, 7 percent bonds on January 1, 2011. The bonds sold for $623,000. Interest is payable annually each December 31. Record the sale of the bonds on January 1, 2011, and the payment of interest on December 31, 2011, using straight-line amortization. (Round your answers to the nearest dollar amount. Omit the "$" sign in your response.) General Journal Debit Credit January 1, 2011 (Click to select) Accounts payable Accounts receivable Bond interest expense Cash Premium on bonds payable Bonds payable Wages payable Discount on bonds payable (Click to select) Bonds payable Cash Wages payable Accounts receivable Bond interest expense Discount on bonds payable Accounts payable Premium on bonds payable (Click to select) Wages payable Accounts payable Premium on bonds payable Discount on bonds payable Cash Bonds payable Accounts receivable Bond interest expense December 31, 2011 (Click to select) Cash Bond interest expense Wages payable Accounts payable Accounts receivable Premium on bonds payable Discount on bonds payable Bonds payable (Click to select) Bonds payable Accounts receivable Premium on bonds payable Accounts payable Cash Bond interest expense Wages payable Discount on bonds payable (Click to select) Bonds payable Accounts receivable Accounts payable Cash Bond interest expense Premium on bonds payable Wages payable Discount on bonds payable