Instructions
( a) Prepare all necessary journal entries to record the issuance of the bonds and bond interest expense for 2014,
102. assuming the bond sold at
( b) Prepare journal entries as in part( a) assuming the bonds sold at 97.
( c) Show the balance sheet presentation for the bond issue at December 31, 2014, using( 1) the 102 selling price, and
price then( 2) the 97 selling
NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a "?".
P10-8B
Prepare journal entries to record issuance of bonds, interest, straightline amortization, and balance sheet presentation