Question: Both pictures are the same problem. couldnt fit in one picture ABC Company issued $20,000 of 5-year bonds, stated rate 10%, effective rate 8%, interest

Both pictures are the same problem. couldnt fit in one picture

ABC Company issued $20,000 of 5-year bonds, stated rate 10%, effective rate 8%, interest paid semi-annually at 108 on 1/1/00. match the correct set of journal entries for 1. Cash 20,800 Premium 800 Bond 20,000 Payable 2. Cash 21.600 Premium 1,600 The first interest payment Bond 20,000 Payable The issuance of the bonds 3 Interest 832 exp Premium 160 C ! Payable 2. Cash 21,600 Premium 1,600 The first interest payment > Bond 20.000 Payable The issuance of the bonds 3. Interest 832 exp Premium 160 Cash 1,000 4. Interest exp 864 Premium 136 Cash 1.000 Auction 2010 inte

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