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part c??? UNE box (3,864) - bo View Policies Show Attempt History Current Attempt in Progress Pina Colada Corp. sold $3,300,000,4%, 10-year bonds on January

part c???
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UNE box (3,864) - bo View Policies Show Attempt History Current Attempt in Progress Pina Colada Corp. sold $3,300,000,4%, 10-year bonds on January 1, 2019. The bonds were dated January 1 and pay interest annually on January 1 Pina Colada Corp, uses the straight-line method to amortize bond premium or discount. The bonds were sold at 103. Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Date Account Titles and Explanation Jan 1, 2019 Cash Credit Premium on Bonds Payable 99000 Bonds Payable 3300000 e Textbook and Media List of Accounts P1188O A 960$. T (b) Your answer is correct. Prepare a bond premium amortization schedule for the first 4 interest periods. Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value 99000 3399000 132000 122100 9900 89100 3389100 122100 132000 9900 79200 3379200 122100 132000 9900 3369300 69300 122100 9900 59400 3359400 132000 eTextbook and Media List of Accounts Attempts: 1 of 4 used Prepare the journal entries for interest and the amortization of the premium In 2019 and 2020. (Credit account titles are automatically indented when amount is entered. Do not Indent manually. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Dec 31, 2019 Debit Credit Dec. 31, 2020 List of Accounts Attempts: 0 of 4 used

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