Green Company issued bonds with the following details $100,000 7% 10% Face Value Stated Interest Rate Market Interest Rate Maturity Date Date of Issuance Bond Issue Costs- Call Price Interest Payments due Method of amortization January 1, 2012 January 1, 2009 $8,000+ 1 102 Annually on January 1 Effective interest 1. Compute the amount of issuance premium or discount. 3. Prepare the amortization schedule. 2. Prepare the journal entry for the issuance of bonds.

Green Company issued bonds with the following details 1. Compute the amount of issuance premium or discount. 2. Prepare the journal entry for the issuance of bonds. 3. Prepare the amortization schedule