Tamarisk, Inc. issues $ 3.8 million, 10-year, 6% bonds at 104, with interest payable on January 1. The straight-line method is used to amortize bond premium Question 1 Accounting Multis (a) Viewing Ques Accounting Multi Question 3 Accounting Multistes Your answer is correct. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 3.952.000 Bonds Payable 3.800.000 Premkun on Bonds Payable 152.000 1) Your answer is partially correct. Prepare the journal entry to record interest expense and bond premium amortization on December 31, 2022, assuming no previous accrual of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec. 31 e Texthook and Media rintancollrad