historical cost current market value O amortized cost QUESTION 23 12 Amortization of Discount or Premium - Straight Line Method 03/01/19, ABC Company issues $300,000, 10 year, 8% bonds at 97 Interest is paid to the bond holders on March and September. ABC uses the he Straight line method for Amortization REQUIRED: Record the following Journal Entries: 1) Issuance of the Bond on 03/01/19 2) Payment of interest and calculation of amortization on 09/01/19. TTTT Paragraph 3 (12pt) X DOO T' T. Of Me Arial HTML CSS Pathop Words: Click Save and Submit to save and submit. Click Save All Answers to save all answers Save All Answers Close Window