Exercise 15-15 Ad ock Company issued $450,000 6%, 20 year bonds on January 1,2017, at 101 Interest is payable annually on January 1 Ade ck uses stra ght-line amortization for bond premium or discount Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1, 2017 Debit Credit SHOW LIST OF ACCOUNTS Prepare the journal entry to record the accrual of interest and the premium amortization on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017 2000-2019 in Wiy&Son All Righits Reserved. A Division of hin iley Version 4.24.32.1 FULL SCHEEN PRINTER VERSION BACK NEXT Prepare the journal entry to record the payment of nterest on lanuary 1, 2018. (codit account iales are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1, 2018 SHOW LIST OF ACCOUNTS Prepare the journal entry to record the redemption of the bonds at maturity, assuming interest for the last interest period has been paid and recorded. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1. 2037 Debit Credit SHOW LIST OF ACCOUNTS Question Attempts: Unlimited SAVE FOR LATER SUBMET