Question: Please help me with part 4 & part 5... I am unsure how to find carrying value... 2. value: .25 points Problem 10-3A Straight-Line: Amortization
Please help me with part 4 & part 5... I am unsure how to find carrying value...






2. value: .25 points Problem 10-3A Straight-Line: Amortization of bond premium LO P1, P3 Hillside issues $2,000,000 of 6%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,447,990 1. Prepare the January 1, 2015, journal entry to record the bonds' issuance view transaction list view general journal Date General Journal Dobit Debit Credit Jan 01, 2015 Cash 2,447,990 Premium on bonds payable Bonds payable 447,990 2,000,000
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