Prepare all of the relevant journal entries from the time of sale until the date indicated. (Assume that no reversing entries were made.

Stellar Co. sells $495,000 of 10% bonds on March 1, 2017, The bonds pay interest on September 1 and March 1, The due date of the bonds is September 1, 2020, The bonds yield 12% Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to 0 decimal places, e.g. 38,548. Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Cash Paid Interest Expense Discount Amortized Carrying Amount of Bonds Date 0 0 0 3/1/20 9/1/20