Exercise 10-21 ble annually on December 31. straight-line method to amortize bond premium or discount. Prepare the journal entries to record the following events. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) The issuance of the bonds. (b) The payment of interest and the discount amortization on December 31, 2017. (c) The redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded No. (a) Dec. 31, 2016 Date Account Titles and Explanation Debit Credit (b) Dec. 31, 2017 (c) Dec. 31, 2031