202: MT EXAM - CHAP 15 - BONDS PAYABLE - PREMIUM								B
								(11 pts)
P4	Hampton Corporation issues 3 year bonds on March 1, paid semi-annually. Amortize.
		FACE $	450,000		MKT $	103
		FACE %	8%		MKT %	7%
		PYMT	MKT	PREM	CV
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	Prepare the following journal entries:
	1	Journalize the issuance of B/P.
	2	Journalize the straight-line interest payment.
	3	Journalize interest payment 3 using the effective interest method.
	4	Journalize interest payment 5 using the effective interest method.
	5	Journalize payment @ maturity.
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