Question: financial accounting please answer the question as quick as possible, please need help thanks On March 1, 2021, Yogurt Ltd. issued $300,000, 6%, 10-year bonds

financial accounting

please answer the question as quick as possible, please need help thanks

On March 1, 2021, Yogurt Ltd. issued $300,000, 6%, 10-year bonds at 105. The bonds pay interest semi-annually on September 1 and March 1. The company has a December 31 year end. Assume amortization of $900 and $860 respectively for the first two semi-annual interest periods. On March 2, 2022 the company redeemed the bonds at a price of $312,000. Instructions Prepare the journal entries that Yogurt Ltd. would make related to the bond issue on the dates indicated below: March 1, 2021 September 1, 2021 December 31, 2021 March 1, 2022 March 2, 2022 B

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