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instructions I help Questions 13 -15 (of 16) P10-11 Recording and Reporting a Bond Issued at a Premium (with Premium Account) LO10-5 Serotta Corporation is

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instructions I help Questions 13 -15 (of 16) P10-11 Recording and Reporting a Bond Issued at a Premium (with Premium Account) LO10-5 Serotta Corporation is planning to issue bonds with a face value of $420,000 and a coupon rate of 16 percent. The bonds mature in two years and pay Interest quarterly every March 31 June 30, September 30, and December 31 All of the bonds were sold on January 1 of this year Serotta uses the effective-interest amortization Assume an annual market rate of interest of 12 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $) (Use the a and also uses a premium account. the appropriate factor(s) from the tables provided.) P10-11 Issued at a Premium (with Premium Required Information 0.50 points P10-11 Part 1 select "No journal entry required" in the first account the journal entry to record the issuance of the bonds January 1.(If no entry is required for a fleld. Round your final answers to nearest whole dollar amount.) Journal entry worksheet P10-11 Part 1 Journal entry worksheet Record the issuance of the bonds on January 1 01 Clear entry 2. Provide the journal entry to record the interest payment on March 31, June 30, September 30, and December 31 of this year. (If no entry is res select "No journal entry required" in the first account field. Round your final answers to nearest whole dollar amount.) View transaction list Journal entry worksheet Record the interest payment on March 31. Debit Credit ral Journal View general journal Clear entry Record entry eBook & Resources References 2. select "No journal entry required" in the first account field. Round your final answers to nearest whole dollar amount.) the journal entry to record the interest payment on March 31, June 30, September 30, and 31 of this year. (If no entry is require View transaction list Journal entry worksheet Record the interest payment June on 30. Note: Enter debits before credits. General Journal Debit June 30 View general journal Clear entry Record entry eBook & Resources References P10-11 Part 2 2. Provide the journal entry to record the interest payment on March 31, June 30, September 30, and December 31 of this year select "No journal entry required" in the first account field. Round your final answers to nearest whole dollar amount.) 30, and December 31 of this year.r (If no entry is required for a t View transaction list Journal entry worksheet Record the interest payment on September 30. 30 View general journal Clear entry Record entry r 30, and 2. P Journal entry worksheet 31 Clear entry velue 1.00 points P10-11 Part 3 3. What bonds payable amount will Serotta report on this year's December 31 balance sheet? (Round your final answers to nearest whole dollar amou P10-11 Part 3

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