On April 1, 2018, Sunny Corporation issued $40,000, 9%, ten-year bonds payable at 108 that were dated April 1, 2018. Interest is payable each March 31 and September 30

Give the entry to record the first interest payment on September 30, 20218. Use straight-line amortization

Give the adjusting entry required on December 31, 2018, the end of the annual accounting period. Use straight-line amortization