Praeth band Accounting for Honds Issued at a Premium, Interest Payments and Retire Isud terest Payment Payment 301.2014 12/31/2013 4/1/2013 W/30/2013 SWCorporated 57.500.000 of 30 per bond April 2013 102. ITEM on March and September of chlofthin the Mar, Swanson financial year ends on December 31 Prepare the journal y April 2013, record the lance of the bonds b. Prepare the journal entry on September 30, 2013, to pay interest and to amortize the bond premium c. Prepare the journal entry on December 31, 2032, to pay interest and to amortize the bond premium. repare the many M. 2003, tym w 3 Briefly explain the effect of orizing the bond premium upon annual profit Answer: Amortization of bond premium annual interest expense, and consequently, annual profit Purchases & sales of Treasury Shares On May 5, 2021, Mirabell Company purchased 1,000 shares of its own outstanding 510 par value ordinary share for $20 per share and sold 400 shares for $30 a share on July 4, 2021. Prepare the journal entries for the purchase and sale of the shares