quesion 7

Oriole Ltd, sold Rs3,700,000, 10\$6, 10 year bonds on January 1,2020. The bonds were dated January 1, 2020 and pay interest annually on January 1. Oriole Company uses the straight-line method to amortize bond premium or discount. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest experse for 2020 , assuming that the bonds sold at 105. (Credit account titles are automatically indented when amount is entered. Do not indent manualiy. Record joumal entries in the order presented in the problem.) ertites an the onder presentad in the problem. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020 , assuming that the bonds are sold at 96 . (Credit account titles are outomaticolly indented when amount is entered. Do not indent manually Record joumal entries in the order presented in the problem) descriptive information.) Oriole Ltd, sold Rs3,700,000, 10\%6, 10 year bonds on January 1,2020. The bonds were dated January 1, 2020 and pay interest annually on January 1. Oriole Company uses the straight-line method to amortize bond premium or discount. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest experse for 2020 , assuming that the bonds sold at 105. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem.)