Question: Please help me with the journal entries. Presented below are selected transactions on the books of Swifty Corporation. May 1 , 2 0 2 5

Please help me with the journal entries.
Presented below are selected transactions on the books of Swifty Corporation.
May 1,2025 Bonds payable with a par value of $937,200.00, which are dated January 1,2025, are sold at 105 plus accrued interest. They are coupon bonds, bear interest at 12%(payable annually at January 1), and mature January 1,2035.(Use the Interest Expense account for accrued interest.)
Dec. 31, Adjusting entries are made to record the accrued interest on the bonds, and the amortization of the proper amount of premium. (Use straight-line
2025 amortization.)
Jan. 1,2026 Interest on the bonds is paid.
April 1,2026 Bonds with par value of $374,880.00 are called at 101 plus accrued interest, and redeemed. (Bond premium is to be amortized only at the end of each year.)
Dec. 31,2026 Adjusting entries are made to record the accrued interest on the bonds, and the proper amount of premium amortized.
Prepare journal entries for the transactions above. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g.38,548.24. Record
entries in the order displayed in the problem statement. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.
Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Presented below are selected transactions on the books of Swifty Corporation.
May 1,2025 Bonds payable with a par value of \(\$ 937,200.00\), which are dated January 1,2025, are sold at 105 plus accrued interest. They are coupon bonds, bear interest at \(12\%\)(payable annually at January 1), and mature January 1,2035.(Use the Interest Expense account for accrued interest.)
Dec. 31, Adjusting entries are made to record the accrued interest on the bonds, and the amortization of the proper amount of premium. (Use straight-line
2025 amortization.)
Jan. 1,2026 Interest on the bonds is paid.
April 1, Bonds with par value of \(\$ 374,880.00\) are called at 101 plus accrued interest, and redeemed. (Bond premium is to be amortized only at the end of each year.)
2026
Dec. 31, Adjusting entries are made to record the accrued interest on the bonds, and the proper amount of premium amortized.
2026 a
Prepare journal entries for the transactions above. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g.38,548.24. Record entries in the order displayed in the problem statement. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Presented below are selected transactions on the books of Swifty Corporation.
May 1,2025 Bonds payable with a par value of \(\$ 937,200.00\), which are dated January 1,2025, are sold at 105 plus accrued interest. They are coupon bonds, bear interest at \(12\%\)(payable annually at January 1), and mature January 1,2035.(Use the Interest Expense account for accrued interest.)
Dec. 31, Adjusting entries are made to record the accrued interest on the bonds, and the amortization of the proper amount of premium. (Use straight-line
2025 amortization.)
Jan. 1,2026 Interest on the bonds is paid.
April 1, Bonds with par value of \(\$ 374,880.00\) are called at 101 plus accrued interest, and redeemed. (Bond premium is to be amortized only at the end of each year.)
2026
Dec. 31, Adjusting entries are made to record the accrued interest on the bonds, and the proper amount of premium amortized.
2026 a
Prepare journal entries for the transactions above. (Do not round intermediate calculations. Round answers to 2 decimal places, e.g.38,548.24. Record entries in the order displayed in the problem statement. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
Interest Expense
Premium on Bonds Payable
Bonds Payable
Interest Expense
(To record the interest)
Premium on Bonds Payable
[\(]\mid \)
(To amortize the premium)
112464
\(\longdiv {\square }\)
Interest Expense
Cash
Gain on Redemption of Bonds
[]
(To record the interest)
Premium on Bonds Payable
(To amortize the premium)
Please help me with the journal entries.

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