Question: I need help on the balance sheets for two different selling prices. This is the setup to the problem: Fong Corporation sold $2,000,000, 7%, 5-year

I need help on the balance sheets for two different selling prices. This is the setup to the problem:

Fong Corporation sold $2,000,000, 7%, 5-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on January 1. Fong Corporation uses the straight-line method to amortize bond premium or discount.

The image attached is the question at large. I need help on the balance sheets for two different selling prices.

Gach Altampta:1 of 3 used Y (e) (1) Show the balance sheet presentotion for the bond issue st Deoember 31. 2017, using the 102 seng price. Leng-tarm Lisblen anca Payable Premium on Bond Payable Bunds Payable Add Pramlum an Rends Payal

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