Question 15 Ivanhoe Company issued $2,290,000 of bonds on January 1, 2020. Your answer is correct. Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 95, and (3) 105. (Credi Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Cash 2,290,000 Bonds Payable 2,290,000 (2) Cash 2,175,500 Discount on Bonds Payable 114,500 Bonds Payable 2,290,000 (3) Cash 2,404,500 Premium on Bonds Payable 114,500 Bonds Payable 2,290,000 Your answer is correct. Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at 100. (Credit entered. Do not indent manually.) Account Titles and Explanation Debit Credit Bonds Payable 2,290,000 Cash 2,290,000 SHOW LIST OF ACCOUNTS OS PM / Remaining: 111 min. CALCULATOR FULL SCRE Cash 2,290,000 SHOW LIST OF ACCOUNTS Your answer is partially correct. Try again. Prepare the journal entry to record the redemption of the bonds before maturity at 95. Assume the balance in Premium on Bonds Payable is $8,350. (Crec Indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Bonds Payable 2,290,000 Premium on Bonds Payable 8,350 Cash 2,287,650 X Gain on Bond Redemption 16,700 Click if you would like to Show Work for this question: Open Show Work