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Please help me with part c (last pic) Windsor, Inc, sold $2,600.000,6%,10-year bonds on January 1, 2022. The bonds were dated January 1 and pay
Please help me with part c (last pic) Windsor, Inc, sold $2,600.000,6%,10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Windsor, Inc. uses the straight-line method to amortize bond premium or discount. The bonds. were sold at 104. (a) Your answor is cocrect Prepare the journal entry to record the issuance of the bonds on Jandary 1. 2022, (Credit account titles are outomatically indented When amount is entered. Do not indent manually. If no entry is reauired, select "No Entry" for the account tiller and enter ofor the amounts) Your answer is correct. Prepare a bond premium amortization schedule for the first four interest periods. Prepare the journal entries for interest and the amortization of the premium in 2022 and 2023 . (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
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