Your answer is partially correct. Try again. Stephanie Ram Corporation have a $760,000 "bond issue" dated February 1, 2016 due in 10 years with an annual interest rate of 9%. Interest is payable February 1 and August 1. On April 1, 2016, the bond was sold for $677,400 plus accrued interest. Using the straight-line method, prepare the general journal entries for each of the following: a) The issuance of the bond on April 1, 2016. b) Payment of the semi-annual interest and the amortization of the discount on August 1, 2016. c) Accrual of the interest and the amortization of the discount on December 31, 2016. d) Payment of the semi-annual interest and the amortization of the discount on February 1, 2017 (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Do not use dollar signs ($) when entering amounts. To formatted numbers reflected in your final answers, you must enter your answers with commas. Round answers to 2 decimal places, e.g. 5,275.25.) Debit Credit Date Account Titles and Explanation 2016 Apr 11 Cash 1 688800 Discount on Bonds Payable 1 Bonds Payable Bond Interest Payable Bond Interest Expense Bond Interest Payable Aug D 1400 Aug. 17 Bond Interest Expense 26930 114001 Bond Interest Payable Cash 34200 Discount on Bonds Payable 4130 Dec. 31 T Bond Interest Expense 31941.67 Discount on Bonds Payable - DOBEDHE DOPO 3441.67 T Bond Interest Payable 28500 2017 Feb. 17 Bond Interest Expense 6,388.33 T Bond Interest Payable 28500 T Discount on Bonds Payable : 688.33 34200 T Cash the hunerlinks Your answer is partially correct. Try again. Stephanie Ram Corporation have a $760,000 "bond issue" dated February 1, 2016 due in 10 years with an annual interest rate of 9%. Interest is payable February 1 and August 1. On April 1, 2016, the bond was sold for $677,400 plus accrued interest. Using the straight-line method, prepare the general journal entries for each of the following: a) The issuance of the bond on April 1, 2016. b) Payment of the semi-annual interest and the amortization of the discount on August 1, 2016. c) Accrual of the interest and the amortization of the discount on December 31, 2016. d) Payment of the semi-annual interest and the amortization of the discount on February 1, 2017 (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Do not use dollar signs ($) when entering amounts. To formatted numbers reflected in your final answers, you must enter your answers with commas. Round answers to 2 decimal places, e.g. 5,275.25.) Debit Credit Date Account Titles and Explanation 2016 Apr 11 Cash 1 688800 Discount on Bonds Payable 1 Bonds Payable Bond Interest Payable Bond Interest Expense Bond Interest Payable Aug D 1400 Aug. 17 Bond Interest Expense 26930 114001 Bond Interest Payable Cash 34200 Discount on Bonds Payable 4130 Dec. 31 T Bond Interest Expense 31941.67 Discount on Bonds Payable - DOBEDHE DOPO 3441.67 T Bond Interest Payable 28500 2017 Feb. 17 Bond Interest Expense 6,388.33 T Bond Interest Payable 28500 T Discount on Bonds Payable : 688.33 34200 T Cash the hunerlinks