part B

Current Attempt In Progress Bramble Corporation sold $2.200,000,7%, 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January Bramble Corporation uses the straight-line method to amortize bond premium or discount. (a) Your answer is correct. Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 105. (Credit account titles are automatically indented when amount is entered. Do not indent manually Debit Credit Date Account Titles and Explanation 2310000 Jan. 1 Cash 2200000 Bonds Payable 110000 Premium on Bonds Payable 132000 Dec. 31 Interest Expense 22000 154000 Premium on Bonds Payable Interest Payable Prepare journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 97. titles are automatically indented when amount is entered. Do not Indent manually.) Date Credit Debit Account Titles and Explanation Jan. 1 Dec. 31