Brighton Unlimited sold bonds at a premium for $808,500 (premium of $38,500) eight years ago. a....

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Brighton Unlimited sold bonds at a premium for $808,500 (premium of $38,500) eight years ago. a. The corporation redeems $77,000 of this issue at 98. The unamortized premium is $770. b. The corporation redeems $115,500 of this issue at 102. The unamortized premium is $1,155. Prepare journal entries to record the redemption in (a) and (b). Page: 1 DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 a. 2 3 4 5 6 b. 7 00 9 1 7 8 23 5610 a 4 Brighton Unlimited sold bonds at a premium for $808,500 (premium of $38,500) eight years ago. a. The corporation redeems $77,000 of this issue at 98. The unamortized premium is $770. b. The corporation redeems $115,500 of this issue at 102. The unamortized premium is $1,155. Prepare journal entries to record the redemption in (a) and (b). Page: 1 DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 1 a. 2 3 4 5 6 b. 7 00 9 1 7 8 23 5610 a 4