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Wildhorse Co. sells $365,000of12% bonds on June 1, 2017. The bonds pay interest on December 1 and June 1. The due date of the bonds

Wildhorse Co. sells $365,000of12% bonds on June 1, 2017. The bonds pay interest on December 1 and June 1. The due date of the bonds is June 1, 2021. The bonds yield10%. On October 1, 2018, Wildhorse buys back $120,450worth of bonds for $127,450(includes accrued interest).

image text in transcribed \fJust do which are wrong. 1/6/2017 Cash 388591 Premium on Bond Payable Bond Payable 1/10/2018 Interest Expense Premium on Bond Payabl Cash 23591 365000 4219 599 1/10/2018 Bond Payable 120450 Premium on Bond Payabl 5514 Gain on Redemption of Bond Cash 4818 3332 122632 0

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