Exercise 17-3 on January 1, 2020, Marigold Company purchased 12% bonds having a maturity value of $270,000, for $280,470.00. The bonds provide the benchiders with a 10 yield. They are dated January 1, 2020, and mature January 1, 2005, with interest received on January 1 of each year. Marigold Company uses the effective-interest method to allocate amortized discount or premium. The bands are classified in the held-to-maturity Category Prepare the Journal antyse date of the bord purchase (Enter answers to decimal places, 2,525.2. Credit sites are automatically indented whes amoure is stored. Do not indent manually. I no entry is required select "No intry or the accountles and enter for the amounts.) Date Account Titles and toplanation Debit SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare a bond amortization schedule. (Round answers to 2 decimal places, e 2.525.25.) Schedule of interest Revenue and land Premium Amortization Efective interest Method Cash Interest Premium Date Ravenue Amortired Carrying amount of tende 11/21 1/1/22 1/1/23 1/1/25 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal anby to record the interest revenue and the amortization at December 3, 2020. (Round answer to 2 decimal places,... 2,525.25. Credit accounts are automatically indented when amount is red. De not Indent manually. If no entry is required, select "No Entry for the account and enter for the amounts) Account Tiles and Explanation Debit Credit Dec 31, 2020 Casa pre Prepare the journal entry to record the interest revenue and the amortization at December 31, 2021. Round answers to 2 decimal aces, ed. 2.525.23. Credit account biles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "We Entry for the account titles and enter for the amounts.) Dute Miches and Explanation Credit Dec 31, 2021 Click If you would like to Show Work for this questions Open Show Work PLUS , intermediate recounting, 17. CALCULATOR PRINTER VERSION BACK NES Exercise 17-03 On January 1, 2020, Mangany purchased 12% bonds having a matty value of $270,000 for $240,470.00. The bords provide the bordholders with a 10 il. They we dated January 1, 2000, and nature way 1, 2025, with interest received on January 1 of each year. Manolo Conany wes the effective interest method to allocate ametised discourt or premium. The tents are sted in the held to naturity category Prepare the journal entry was the date of the bord purchase. (Enter answers to 2 decimal places, ... 2.525.25. Credit accounts are stomatically Indented when amount is entered. Do not intent manually. 19 e estry is required select "80 Entry" ar ie countles and enter for the amounts.) ACOM The und Explanati De Credit San. 1.2020 DA SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare and send answers to decimal 2575.28) Tools Frem Carrying A 10 Review bry SHOW LIST OF COUNTS LINE Chegg. Yahoo Se PLUS Kieso, Intermediate Accounting, 17e Help System Announcements Cash Received Ellective-Interest Method Interest Premium Revenue Amortized Date 1/1/20 Carrying Amount of Bonds 1/1/21 1/1/22 1/1/23 1/1/24 1/1/25 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020. (Round answers to 2 decimal places, e.g. 2,525.25. Credit account no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Dec 31, 2020 Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal entry to record the interest revenue and the amortization at December 31, 2021. (Round answers to 2 decimal places, e.g. 2,525.25. Credit account title no entry is required, select "No Entry" for the account tities and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec 31, 2021 Click If you would like to show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT