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Hello, are the numbers correct? A company issues $50,000 of 9% 10 year bonds dated Jan uary 1, 2005 the mature on December 31, 2018

Hello, are the numbers correct?

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A company issues $50,000 of 9% 10 year bonds dated Jan uary 1, 2005 the mature on December 31, 2018 and pay interest semiannually for 2,250. [in December 31, 2013 when the bond premium is 2,500 the bonds are called for 54,000. The journal entry to record this transaction 1would record. Account Name Debit Credit Bonds Payable Premium on Bonds Payable Gain on Bond Retirement 1,500 Cash 54,000

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