Holthausen Corporation issued $400,000 of 11%, 20-year bonds at 108 on January 1, 2013. Interest is payable semiannually on June 30 and December 31. Through January 1, 2019, Holthausen amortized $4,191 of the bond premium. On January 1, 2019, Holthausen retires the bonds at 103. ?

Debit Credit General Journal Date Description 01/01/13 Bonds payable Bonds payable 01/01/19 Bonds payable Bonds payable Cash Bond premium b. Post the journal entries from part a to their respective T-accounts. Cash (A) Bonds Payable (L) 01/01/13 01/01/13 01/01/19 01/01/19 Gain on Retirement of Bonds (R) 01/01/13 01/01/19 Bond Premium (L) 01/01/13 01/01/19