On June 30, 2025, Michael Jones Company issued $3,493,000.00 face value of 14%, 20-year bonds at $4,018,560.00, a yield of 12%. Jones uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and - December 31. Click here to view factor tables. (a) Prepare the journal entries to record the following transactions. (Round answer to 2 decimal places, e.g. 38,548.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) 1. The issuance of the bonds on June 30, 2025. 2. The payment of interest and the amortization of the premium on December 31, 2025. 3. 4. The payment of interest and the amortization of the premium on June 30, 2026. The payment of interest and the amortization of the premium on December 31, 2026. No. Date Account Titles and Explanation 1 June 30, 2025 Debit 2. December 31, 2025 3. June 30, 2026 December 31, 2026 This wat was reloaded because a problem occured TABLE 6.1 Future Value of 1 (Future Value of a Single Sum) FVFnj = (1 + i)" (n) Periods 2% 2% 3% 4% 5% 6% 12345 1.02000 1.02500 1.03000 1.04000 1.05000 1.06000 1.04040 1.05063 1.06090 1.08160 1.10250 1.12360 1.06121 1.07689 1.09273 1.12486 1.15763 1.19102 1.08243 1.10381 1.12551 1.16986 1.21551 1.26248 1.10408 1.13141 1.15927 1.21665 1.27628 1.33823 66110 1.12616 1.15969 1.19405 1.26532 1.34010 1.41852 7 1.14869 1.18869. 1.22987 1.31593 1.40710 1.50363 8 1.17166 1.21840 1.26677 1.36857 1.47746 1.59385 9 1.19509 1.24886 1.30477 1.42331 1.55133. 1.68948 1.21899 1.28008. 1.34392 1.48024 1.62889 1.79085 11 12 13 14 15 1.24337 1.31209 1.38423 1.53945 1.71034 1.89830 1.26824 1.34489 1.42576 1.60103 1.79586 2.01220 2023- 1.29361 1.37851 1.46853 1.66507 1.88565 2.13293 1.31948 1.41297 1.51259 1.73168 1.97993 2.26090 1.34587 Scre 1.44830 1.55797 1.80094 2.07893 2.39656 2023-0 16 1.37279 1.48451 1.60471 1.87298 2.18287 2.54035 17 19 24 1802222 22222 5233 1.40024 1.52162 1.65285 1.94790 2.29202 2.69277 1.42825 1.55966 1.70243 2.02582 2.40662 2.85434 1.45681 1.59865 1.75351 2.10685 2.52695 3.02560 1.48595 1.63862 1.80611 2.19112 2.65330 3.20714 1.51567 1.67958 1.86029 2.27877 2.78596 3.39956 1.54598 1.72157 1.91610 2.36992 2.92526 3.60354 1.57690 1.76461 1.97359 2.46472 3.07152 3.81975 1.60844 1.80873 2.03279 2.56330 3.22510 4.04893 25 1.64061 1.85394 2.09378 2.66584 3.38635 4.29187 26 1.67342 1.90029 2.15659 2.77247 3.55567 4.54938 27 1.70689 1.94780 2.22129 2.88337 3.73346 4.82235 28 1.74102 1.99650 2.28793 2.99870 3.92013 5.11169 29 1.77584 2.04641 2.35657 3.11865 4.11614 5.41839 30 1.81136 2.09757 2.42726 3.24340 4.32194 5.74349 31 1.84759 2.15001 2.50008 3.37313 4.53804 6.08810 1.88454 2.20376 2.57508 3.50806 4.76494 6.45339 2022 1.92223 2.25885 2.65234 3.64838 5.00319 6.84059 34 1.96068 2.31532 2.73191 3,79432 5.25335 7.25103 1.99989 2.37321 2.81386 3.94609 5.51602 7.68609 2023- 36 2.03989 2.43254 2.89828. 4.10393 5.79182 8.14725 TABLE 1 Future S WARD CODE ON 20 Q X E 22 4 5 6 7 8 9 R T Y A S D F G H J W Z X Bookma Window 2 educationaley.com Came TABLE 61 Future Value of 1 B% 10% 12% Periods 1000 109000 110000 112000 1.15000 110640 1.1810 121000 125440 132250 125871 129603 133100 13673 140493 136048 141158 146410 150 174901 4 14nna 133M 1.78234 201130 B 15 167710 17756 231306 171382 182804 13482 221068 200002 100 234358 199900 2.1710 2550 2.7730 15176 250 2.36736 259074 404556 67719 233164 258040 34756 486239 251817 281267 530005 271962 3.05 201 3.34173 317217 ELEANOS 342504 35000 3,70002 505447 3000 471712 12.37545 43150 341 1423177 500363 2184475 5.87146 3257 17.00000 139635 7 1024006 1138714 100 13 7614364 12 1000000 100 1724 2002 R R R R R 25 3 15 16 17 20 21 22 25 24 25 20 3 W E 80 $ 54 % 55 R 2 66 & 7 8 " R T Y U 8 DI T Bookmarks Window Help TABLE 62 Present Value of 1 Present Vefa Single Sun COOUTL P 2% 215 3% 5% 6% 30000 37561 36164 94340 MT7 2018 0700 000 3 34232 36384 3092 4 2270 79209 30673 BUST 14726 70106 2106 66500 10 85349 83670 70069 7684 2741 2005 120 11 80426 28214 12 13 14 77303 72542 16 16 7245 17 71416 30 70016 21 3416 # 26 2 30 35 weg FD 8 KEER ARR* ***** 24 2179 409 35 54125 5293 1303 4427 # 80 F3 $ 2 3 4 W S 32679 3300 4684 3000 44230 41727 40411 37136 49063 35004 33061 3110 2900 02 5 LL F D 31007 29630 24 2:3300 2013 19043 34295 37411 119 33791 thee 25-00 11529 66 00722 27 & 8 FT Dil 88 marks Window Help W 3 E educatona.com Proms Came 80 73 10% 68301 $ 4 save t 55 Ca TABLE 62 Present Value of 1 41 & " Palate C 97 Dill A & . 6 7 8 9 R T Y U 1 Bookmarks Window Help educationales com CUT Lab TABLE 3 Future Value of an Ordinary Annuity of Fo 296 1.00000 216 25 0% 100000 100000 100000 100000 100000 200000 230000 204000 25000 200000 300040 3.07M3 3150 318300 412161 431013 43 520404 5.63700 3001 636776 697530 T TAM 14201 98747 9.75463 1257799 131809 12 27 2003 DER ARREN ERRE A 12 1341209 1420679 5407164 1886214 21017 2136 16 20 24 2000 3141 24215 257 23 304 23.06740 24 28212 300 3000 3375 546451 6330677 3 114 2 # 3 80 2 F3 94 20 % 55 104 1 114047 130 R "S 16 66 Dil g= 8 .0 17 & okmarks Window Help educationales.com -Cave TABLE 63 Fue Value of an Ordinary Annuity of 1 996 10% TIN 12% Periods 1.00000 100000 1.00000 100000 1.00000 2.00000 200000 210000 212000 2.15000 32440 327810 331000 3340 147250 50011 457313 464100 47793 4 50000 538471 10610 6.74238 7335 752334 27 11519 875374 " 220 20044 1000 11.0047 46717 11430 11.000 124856 2030372 10 1645 1897713 17560 2014072 7833117 213609 2045458 21.40630 2016 343510 242142 2601919 27 405041 27.15211 29300 3032428 33.00040 25 3671747 337503 365 4054470 1507509 4130134 41.44626 46046 06.21161 4510 St.1002 20 504229 5676453 0400250 1161012 55466 15027638 6679470 710 141784 470090 21279002 25 75447 10010177 2457118 8235077 28 12413506 3271040 37100 4475 12334 81900 500 13421354 164 1450502 1773160 21571 5271004 10 212472 10143456 M 37 34 2020 202 SEER #RA RE 12 13 14 17 19 20 21 # 3 2 80 F3 $ 54 % 55 32 98 <6 r ft dii fr 4p & 7 8 marks window help education.com -cane cho ut lates table 64 present value of an ordinary anmully 1 pvf-oa periods 2% 21% 36039 37561 37067 0154 94340 194156 130742 13347 185041 1.85339 233 540 277508 272305 26730 380773 354505 346511 4713040 4379ps 432948 421236 5.60143 550013 5075 491732 647199 570637 554238 730548 16224 717014 646321 620979 7178 680100 a11000 7.72173 736000 830641 7867 10575 1137 10.35776 12 1577 10.379 371225 1083777 1010590 11240 1047726 118890 0700 158746 1635143 1140992 170121 1282116 11.70408 131300 12.04108 12300 1255006 1278336 d =* *** **er arras y 2 201204 200 21212 21.8406 23 33 25.000 238 # 3 80 f3 $ 54 14 20 55 % w e t 1321053 13502 374 14.10 140404 66 0400 &7> 3 2 Dll 16 8 .0 arka Window Help educationaley com TABLE GAP Value of an Ordinary Annuity of 1 256 10% 12% 15% 200 91743 30000 178326 257110 331913 3271 175911 253130 240183 23023 3735 4 3 140478 S 02265 411141 530037 4.18042 5.74004 S 533490 5.30625 477156 71006 641706 5.01877 10 533571 13 753006 7.1073 406 70037 834424 230009 572448 55048 584737 8.31256 9.12164 6540 837180 13010 1020014 1037106 306746 10 1093616 11.05100 11 10.1 1125776 10 11340 1143000 140604 11513 10 11 SAST 1171799 117 10 22 RASE ERR 22 19 20 TE 13 14 15 84416 # 3 1089062 W E 80 73 14 FS 54 R % 85 T 66 R $7 19 & 7 8 U Bookmarks Window Help TABLE 45 Present Value of an Annuity Due of PVF-AD+1+ Parod 3% 100000 10 100000 100000 1.00000 1.00000 1.00000 134340 20 29 230000 20 233 372325 167301 480773 680143 TATT 5845 6.30813 10 537948 521236 531732 456238 720979 2010 72173 30009 12 19 11.575 14 19 #23 CRAZE 14 145777 20 21.1206 2 F3 # 1137906 107130 1182760 13.15613 127640 153000 3479864 02 14 Dil $ 4 55 % A & 6 7 8 W E R T arks Window Help educationales com OTS LT LA TABLE 45 Present Value of an Annuity Due of 1 e 9% 15% Parod 100000 1.00000 100000 00000 1.00000 1.00000 130500 101743 130000 2780 2.75011 2006 242571 357710 353130 3443 431213 $ 404 E11141 4744 2003 674964 671200 516042 73 37715 10 7.71008 0177 12 2 81380 85360 324424 S 10 35433 100 96012 11.01 11.2004 11310 10 1152 1167476 11000 1205106 1215641 122577 123400 1243000 W 1117 120545 1775 12 2 80 F3 473 70471 14 17 #2022 202 21 732 134 24 20 1007704 3 $ 4 n 02 55 66 30 31 34 100 20 De & 7 R 17 bill FB 8