On January 1, 2016, Sayers Company issued $321,000 of five- ear, 5 percent bonds at 101. Interest is payable semiannually n June 30 and December 31. The premium is amortized using he straight-line method. equired repare the journal entries to record the bond transactions for 016 and 2017. (If no entry is required for a ransaction/event, select "No journal entry required" in the irst account field.) View transaction list Journal entry worksheet 2 3 4 5 Record the issue of bonds payable with premium. Note: Enter debits before credits Date General Journal Debit Credit Jan 01, 2016 Bonds payable 321,000 Clear entry Record entry On January 1, 2016, Sayers Company issued $321,000 of five- year, 5 percent bonds at 101. Interest is payable semiannually on June 30 and December 31. The premium is amortized using the straight-line method. Required Prepare the journal entries to record the bond transactions for 2016 and 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) iew transaction list Journal entry worksheet 2 3 5 Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits Date Debit General Journal Credit Jun 30, 2016 Clear entry Record entry View general journa On January 1, 2016, Sayers Company issued $321,000 of five- year, 5 percent bonds at 101. Interest is payable semiannually on June 30 and December 31. The premium is amortized usingg the straight-line method. Required Prepare the journal entries to record the bond transactions for 2016 and 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2016 Clear entry View general jourrn On January 1, 2016, Sayers Company issued $321,000 of five- year, 5 percent bonds at 101. Interest is payable semiannually on June 30 and December 31. The premium is amortized using the straight-line method. Required Prepare the journal entries to record the bond transactions for 2016 and 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 5 Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits. Date Debit General Journal Credit Jun 30, 2017 Record entry View general journa On January 1, 2016, Sayers Company issued $321,000 of five- year, 5 percent bonds at 101. Interest is payable semiannually on June 30 and December 31. The premium is amortized using the straight-line method. Required Prepare the journal entries to record the bond transactions for 2016 and 2017. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2017 Clear entry ew gen