Using straight line method of depreciation.

Also, need accrued interest thanks.

FINANCIAL ACCOUNTING II Grahame, Inc. has a fiscal year-end of September 30th. On March 1, 2015, Grahame authorized $800,000 in bonds payable; the bonds carry a stated interest rate of 6%, interest to be paid semi-annually on February 28, and August 31st with a term of 12 years. On August 1, 2016, Grahame issued hree-quarters of the bonds at a premium of $25,400. th epare the journal entries that would be required relating to the bonds over period March 1, 2015 through September 30, 2016. FINANCIAL ACCOUNTING II Grahame, Inc. has a fiscal year-end of September 30th. On March 1, 2015, Grahame authorized $800,000 in bonds payable; the bonds carry a stated interest rate of 6%, interest to be paid semi-annually on February 28, and August 31st with a term of 12 years. On August 1, 2016, Grahame issued hree-quarters of the bonds at a premium of $25,400. th epare the journal entries that would be required relating to the bonds over period March 1, 2015 through September 30, 2016