Show the balance sheet presentation of the bond liability at December 31, 2023. (Enter account name only and do not provide descriptive information.) ibilities ayable Your answer is partially correct. Liabilities vable Premium on Bonds Payable eTextbook and Media eTextbook 1 eTextbook 2 List of Accounts Save for Later Whispering Winds Corp. Balance Sheet December 31, 2023 2900000 102000 $ 174000 Assistance

i just need help on the premium on bonds payable for the balance sheet

Show the balance sheet presentation of the bond liability at December 31,2023 . (Enter occount name only and do not provide descriptive informotion) Whispering Winds Corp. sold $2,900,000,6%,10-year bonds on January 1, 2022 . The bonds were dated January 1 and pay interest annually on January 1. Whispering Winds Corp. uses the straight-line method to amortize bond premium or discount. The bends were sold at 102 . (a) Prepare the journal entry to record the issuance of the bonds on January 1. 2022. (Credit account titles are automaticaliy indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts) Your answer is correct. Prepare a bond premium amortization schedule for the first four interest periods. Prepare the journal entries for interest and the amortization of the premium in 2022 and 2023 . (Credit occount tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tities and enter O for the amounts) Show the balance sheet presentation of the bond liability at December 31,2023 . (Enter occount name only and do not provide descriptive informotion)