QUESTION 4 Lennox Company sold $100,000,000,4%, 10-year bond on January 1, 2019. The bonds are dated January 1 and pay interest annually on January 1. The company uses the straight-line method of amortization, when relevant, on bond premiums and discounts Prepare the following entries of the bonds are issued at 99 a January 1, 2019... Issuance of the bonds b Accrual of interest on December 31, 2019 and amortization, if applicable c. Payment of interest on January 1, 2020 d December 31, 2023 Pedeemed the bonds after 5 years. The balance in the discount account was $500,0000. The bonds were redeemed at 101. Interest was already paid and recorded. Click Save and submit to save and submit Chick Save All Answers to see all answers