Help with the ones I got wrong Please! Thank You!!!

Your answer is partially correct. Prepare the journal entries for interest and the amortization of the premium in 2022 and 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31, 2022 Interest Expense 121000 Premium on Bonds Payable 11000 Cash 132 Jan 1, 2023 Cash 2310000 Premium on Bonds Payable 110 Dec 31, 2023 Interest Expense 121000 Premium on Bonds Payable 11000 Cash 132 Marigold Corp. sold $2,200,000, 6%, 10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Marigold Corp. uses the straight-line method to amortize bond premium or discount. The bonds were sold at 105. (a) Your Answer Correct Answer Your answer is correct. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit Jan. 1, 2022 Cash 2310000 Premium on Bonds Payable 110000 Bonds Payable 2200000 Your answer is correct. Prepare a bond premium amortization schedule for the first four interest periods. Interest Expense to Be Recorded Premium Amortization Unamortized Premium Bond Carrying Value $ 110000 $ ta 2310000 $ 121000 $ 11000 99000 2299000 121000 11000 88000 2288000 121000 11000 77000 2277000 121000 11000 66000 2266000 e Textbook and Media