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Preparing a Bond Amortization Table $($Straight Line$)$

On January $1,2025,$ Distel Company borrowed $$27,100$ by issuing $3-$year, $8\mathrm{.}5\%$ bonds with a face amount of $$25,000.$ Interest is paid annually on December $31.$

Required:

Prepare an amortization table. If an amount box does not require an entry, leave it blank and if the answer is zero, enter $"0".$ Round to the nearest dollar and if necessary, round final year to amortize full amount of premium.

Distel Company

Amortization Table

Period Cash

Payment

$($Credit$)$ Interest

Expense

$($Debit$)$ Premium on

Bonds Payable

$($Debit$)$ Premium on

Bonds Payable

Balance

Carrying

Value

At issue fill in the blank $1$

fill in the blank $2$

fill in the blank $3$

$fill in the blank $4$

$fill in the blank $5$

$12/31/25$ fill in the blank $6$

fill in the blank $7$

fill in the blank $8$

fill in the blank $9$

fill in the blank $10$

$12/31/26$ fill in the blank $11$

fill in the blank $12$

fill in the blank $13$

fill in the blank $14$

fill in the blank $15$

$12/31/27$ fill in the blank $16$

fill in the blank $17$

fill in the blank $18$

fill in the blank $19$

fill in the blank $20$