IS Klasa, Intermediate Accounting, 166 Question 14 On January 1, 2017, Pina Company purchased 12 bonds having a maturity value of $230,000 for $247.22. The bonds provide the bondholders with a vid. They are dated January 1, 2017, and nature anuary 1, 2022. with Interest receivable January 1 of each year. Pina Company uses the effective interest method to allocate un amortired count or premium. The bonds we danified in the toturity cate Prepare the journal entry at the date of the bond purchase. (Enter answers to decimal places. 2,525.2. Cred counties are matically indented when most is entered. Do not indent may no entry is required, select "No Entry for the account tirties and enter for the amounts) Date Account Titles and Explanation Jan 1, 2017 SHOW LIST OF ACCOUNTS Prepare a bond amortization schedule. (Round answers to 2 decimal 2.525.25.) Schedule of Intere Revenue and Bond Premium Amortization Effective interest Method Cash Interest Premium Carrying Amount Dale Received Revenue Amortired of Bonds 1/1/17 $ $ 1/1/18 1/1/19 1/1/20 1/1/21 1/1/22 LISE OF ACCOUNTS Prepare the journal entry to record the interest revenue and the mortation at December 31, 2017. (und answers to 2 decimal places,..2,525.25. Credit account totes are automatically indented when i entered. Do not indent manually. If no entry is required, select "No Entry for the accounts and enter for the amounts.) Date Account Titles and Explanation Debat Credit Dec 31, 2017 o T E e to search URCES CALOMATO Short RPTAR Effective Interest Method Cash Interest Premium Carrying Amount Date Received Revenue Amortired of Hends 1/1/17 1/1/18 1/1/19 1/1/20 1/1/21 1/1/22 SHOW LIST OF ACCOUNTS Prepare the journal entry to record the interest revenue and the amortization at December 31, 2017. (Round answers to 2 decimal places, ca. 2,525.25. Credit accountries are automatically indested wher entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Dec 31, 2017 SHOW LIST OF ACCOUNTS Stuhy Prepare the journal entry to record the interest revenue and the amortization at December 31, 2018. (Round swers to 2 decimal places, a.s. 2,525.25. Credit account rates are automatically indeed when entered. Do not indent manually. If no entry is required, select "No Entry for the accountries and enter for the amounts) Date Account Titles and Explanation Det Credit Dec. 31. 2018 Click If you would like to show Work for this question on Wack OW LIST OF ACCOUNTS Type here to search