Pina Corporation sold $2,650,000,9%, 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. Pina Corporation uses the straight-line method to amortize bond premium or discount. - Your answer is partially correct. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 106. (Credit account titles are automatically indented when amount is entered. Do not indent manually! Credit Debit 2295000 Date Account Titles and Explanation Jan. 1 Cash Bonds Payable Premium on Bonds Payable Dec. 31 Interest Expense Premium on Bonds Payable Interest Payable 2250000 45000 eTextbook and Media List of Accounts - Your answer is partially correct. Prepare journal entries to record the issuance of the bonds and bond Interest expense for 2022, assuming that the bonds sold at 97. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 1 Cash Discount on Bonds Payable Bonds Payable Dec 31 Interest Expense Discount on Bonds Payable Interest Payable eTextbook and Media List of Accounts - Your answer is partially correct. (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 106 selling price. PINA CORPORATION Balance Sheet (Partial) December 31, 2022 TIepal JUUillal CILI ICS LUTCLUIU lile 155udlice Ullile UUIU5 dlu UUIU llei esl capelse IUI 2022, dssuillig lidt lic UUTUS SUIU DL .Cleurl UULUUNIL LILIES Ure UULUMULILuNy lue Debit Credit Date Account Titles and Explanation Jan. 1 Cash Discount on Bonds Payable Bonds Payable Dec. 31 Interest Expense Discount on Bonds Payable Interest Payable e Textbook and Media List of Accounts - Your answer is partially correct. 1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 106 selling price. PINA CORPORATION Balance Sheet (Partial) December 31, 2022 2) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 97 selling price. PINA CORPORATION Balance Sheet (Partial) December 31, 2022 e Textbook and Media