whats question 4?

complete the balance sheet

what amount of interest expense is reported for 2020

Blackboard Leam Patriot Web Programs: BS in C. Mason Core and... Return to Blackboard Weygandt, Financial Accounting, 10e Help System Announcements CALCULATOR PRINTER VERSION BAC Problem 10-13A On January 1, 2019, Sunland Company issued $3,900,000 face value, 11%, 10-year bonds at $4,139,638. This price resulted in an effective interest rate of 10% on the bonds Sunland uses the effective interest method to amortize bond premium or discount. The bonds pay annual interest on each January 1. Your answer is partially correct. Try again. Prepare the journal entries to record the following transactions. (Round answers to o decimal places, e.g. 15,250. Credit account titles are automatically indented w amount is entered. Do not indent manually.) (1) The issuance of the bonds on January 1, 2019. (2) Accrual of interest and amortization of the premium on December 31, 2019. (3) The payment of interest on January 1, 2020. (4) Accrual of interest and amortization of the premium on December 31, 2020. Debit Credit No. (1) Date Jan 1, 2019 Account Titles and Explanation Cash 4139638 Premium on Bonds Payable 239638 Bonds Payable 1 3900000 (2) Dec 31, 2019 interest Expense 1413963.801 Premium on Bonds Payable 15036.20 to search 111 LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Show the proper long-term liabilities balance sheet presentation for the liability for bonds payable at December 31, 2020. (Enter descriptive information.) Sunland Company Balance Sheet December 31, 2020 Bonds Payable Add Premium on Bonds Payable as payable L SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. What amount of interest expense is reported for 2020? search SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. What amount of interest expense is reported for 2020? Interest expense 429000 Would the bond interest expense reported in 2020 be the same as, greater than, or less than the amount that would be greater than The bond interest expense reported in 2020 will be the amount that would be reported if the straight- Click if you would like to Show Work for this question: Qren Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT. LINK TO TEXT Question Att