Wildhorse Company sold $3,100,000, 6%, 10-year bonds on January 1, 2020. The bonds were dated January 1, 2020 and pay interest annually on January 1. Wildhorse Company uses the straight line method to amortize bond premium or discount.

(A) Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020, assuming that the bonds sold at 102.

(B) Prepare all the necessary journal entries to record the issuance of the bonds and the bond interest expense for 2020, assuming that the bonds are sold at 96.

(C) Show balance sheet presentations for the bonds at December 31,2020

Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020 , assuming that the bonds sold at 102. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2020 , assuming that the bonds are sold at 96. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Show balance sheet presentation for the bonds at December 31, 2020. (Enter account name only and do not provide descriptive Wildhorse Company Balance Sheet (Partial) Discount $ $ : eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit