Purdue Global - An Accredi X PG Campus X Unit 5 Seminar PowerPoint X I NWP Assessment Builder LL X NWP Assessment PlayerU X C education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=64af935c-cdf8-4ec7-b029-47ade1470c03#/question/10 AC116 Unit 5 Lab Assignment Question 11 of 11 Show Attempt History Current Attempt in Progress Amortization of Bond Prem X 1/4 14 Wildhorse Electric sold $3,800,000, 10%, 10-year bonds on January 1, 2022. The bonds were dated January 1 and pay intere annually on January 1. Wildhorse Electric uses the straight-line method to amortize bond premium or discount. The bonds w at 103. (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automatically indented 760F Sunny when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1, Cash 2022 Premium on Bonds Payable Q Search Debit 3914000 10 Credit 114000 Back Forward Reload Save as... Print... Cast... Search images with Google Create QR Code for this page Translate to English Get image descriptions from Google View page source Inspect ENG Alt+Left Arrow Alt+Right Arrow Ctrl +R Ctrl+S Ctrl + p Ctrl+U 12:11 PM 5/23/2023