Problem 10-9A Wempe Co. sold $3,474,000, 10%, 10-year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually. Prepare the journal entries to record the issuance of the bonds assuming they sold at: (1) 105 and (2) 95. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. 1/1/14 2. 1/1/14 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare amortization tables for issuance of the bonds sold at 105 for the first three interest payments. Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value Issue date $ $ $ $ $ 1 2 3 Prepare amortization tables for issuance of the bonds sold at 95 for the first three interest payments. Annual Interest Periods Interest to Be Paid Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value Issue date $ $ $ $ $ 1 2 3 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal entries to record interest expense for 2014 under both of the bond issuances assuming they sold at: (1) 105 and (2) 95. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit 1. 12/31/14 2. 12/31/14 SHOW LIST OF ACCOUNTS Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 105 at December 31, 2014. WEMPE Co. Balance Sheet (Partial) December 31, 2014 $ : $ Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 95 at December 31, 2014. WEMPE Co. Balance Sheet (Partial) December 31, 2014 $ : $ SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Question Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER