1. The journal entry to record the bond issue is A. Cash 303,600 Bonds Payable 303,600 B. lCash 303,600 Bonds Payable 300,000 Premium on Bonds Payable 3,600 0. Bonds Payable 303,600 |Cash 300,000 Premium on Bonds Payable 3,600 0. Cash 300,000 Bonds Payable 300,000 2. What is the amortization of the bond premium from February 1 to July 31? {Assume that straight-line amortization is used.) A. $15 c. 95% a. $50 6. $1so 3. The entry to record the accrued interest on July 31, 2004, 1would be A. Bond Interest Expense 0,000 Bond Interest Payable 0,000 B. Bond Interest Payable 0,000 Bond Interest Expense 0,000 0. Bond Interest Expense 6,000 Bond Interest Payable 6,000 0. Bond Interest Payable 6,000 Bond Interest Expense 6,000