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Swifty Corporation sold $2.100.000, SN10 year bonds on January 1, 2022. The bonds were dated January and rely on wnuary 1. Swity Corporation uses the

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Swifty Corporation sold $2.100.000, SN10 year bonds on January 1, 2022. The bonds were dated January and rely on wnuary 1. Swity Corporation uses the straight- method to morti bond premium or discount. The bonds were sold at 104 (a) Your Answer Correct Answer Yours partially correct Prepare the journal entry to record the buuance of the hands on January 1.2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If na entry is required, select "Ne Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Jan. 1. 2022 Credit 20000 Prepare the journal entries for interest and the amortization of the premium in 2022 2023. (Credit account titles are automatically intented when mount is entered. Do not indent manually. I ne entry les required, select "Mentry for the account titles and enter for the amounts Date Account Titles and Explanation Debit Credit Dec 31, 2022 Dec 31, 2022

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