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JOURNAL ACCOUNTING EQUATION DATE Jan.1 Cash DESCRIPTION POST REF DEBIT CREDIT 1,062,060.00 ASSETS LIABILITIES T EQUITY Premium on Bonds Payable 62.060.00 T Bonds Payable

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JOURNAL ACCOUNTING EQUATION DATE Jan.1 Cash DESCRIPTION POST REF DEBIT CREDIT 1,062,060.00 ASSETS LIABILITIES T EQUITY Premium on Bonds Payable 62.060.00 T Bonds Payable 1,000,000.00 T Jun. 30 Interest Expense 19,39700 4 Premium on Bonds Payable 3,103.00 Cash 22,500.00 4 Jul1 Cash 1.921.280.00 T Discount on Bands Payable 78,720.00 4 Bonds Payable 2,000,000.00 Oct1 Cish 1,100,000.00 T Notes Payable 1,100,000.00 T Dec 31 Interest Expense 1939700 Premium on Bonds Payable 1.105.00 14 Cash 22,500.00 4 31 Interest Expense 16,500.00 terest Payable 16.500.00

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