On January 1. Year 1. Sayers Company issued $280,000 of five-year, 6 percent bonds at 102. 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 Year 1 and Year 2. (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 > Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits Debit Credit Date Jun 30 General Journal Interest expense Premium on bonds payable Cash Record entry Clear entry View general journal On January 1, Year 1. Sayers Company issued $280,000 of five-year, 6 percent bonds at 102. 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 Year 1 and Year 2. (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 3 4 5 Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits General Journal Debit Credit Date Dec 31 Record entry Clear entry View general Journal On January 1, Year 1. Sayers Company issued $280,000 of five-year, 6 percent bonds at 102. 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 Year 1 and Year 2. (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 5 Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits Date General Journal Debit Credit Jun 30 Record entry Clear entry View general journal On January 1. Year 1, Sayers Company issued $280,000 of five-year, 6 percent bonds at 102. 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 Year 1 and Year 2. (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 3 4. 5 Record the interest expenses and amortization for bonds payable. Note: Enter debits before credits Date General Journal Dec 31 Debit Credit Record entry Clear entry View general Journal