On January 1, 2025, Stellar Company sold 11% bonds having a maturity value of $300,000.00 for $311,372.07, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2025, and mature January 1, 2030, with Interest payable December 31 of each year. Stellar Company allocates interest and'unamortized discount or premium on the effective-interest basis. Click here to view factor tables Date Account Titles and Explanation January 1.2025 Cash Bonds Payable. Premium on Bonds Payable Debit Credit