Question: i need help with this homeworl problem, i do not understand what i am doing wrong ! Required information [The following information applies to the

i need help with this homeworl problem, i do not understand what i am doing wrong i need help with this homeworl problem, i do not understand what

! Required information [The following information applies to the questions displayed below.) Ike issues $180,000 of 11%, three-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $184,566. Their market rate is 10% at the issue date 5. Prepare the journal entry to record the bonds' retirement on January 1, 2020, at 98. Answer is not complete. No Date General Journal Debit Credit 1 Jan 01, 2020 180,000 Bonds payable Premium on bonds payable 741 Cash 184,566 Gain on retirement of bonds payable

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