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Marigold corp sold $ 2 , 9 7 0 , 0 0 0 9 % 5 - year bonds on January 1 , 2 0

Marigold corp sold $

2, 970, 000 9 % 5 -

year bonds on January

1, 2022 .

The bonds were dated January

1, 2022,

and pay interest on January

1 .

Marigold Corp. uses the straight line method amortize bond premium or discount. Show the balance sheet presentation for the bond issue at december

31 2022

using the

105

selling price and then the

98

selling priceMarigold Corp.

Marigold Corp.

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