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On January 1, 2022, Lly Industries Inc. bued a $37.000, ss band due in 10 years with Interest payable cach January 1 and July 1.

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On January 1, 2022, Lly Industries Inc. bued a $37.000, ss band due in 10 years with Interest payable cach January 1 and July 1. The effective Interest rate la ss. Click here to view Factor tables Your are war is partlally correct. Determine the counter premium on the bond. (For calculation purposes, round factor values to decimal places.es. 1.25124 and final answers to decimal places, eg. 5.275.) lecsunt on the bond $ Prepare the journalenry for the bond lacus. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit Benda Payable

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