Prepare entries balance sheet pr of deviations fro E10.14 (LO 3), AP Arroyo Company issued $600,000, 10-year, 6% bonds at 103. Instructions a. Prepare the journal entry to record the sale of these bonds on January 1, 2022. b. Suppose the remaining Premium on Bonds Payable was $10,800 on December 31, 2025. Show the balance sheet presentation on this date. c. Explain why the bonds sold at a price above the face amount