Please help with part b

CES Brief Exercise 10-17 (Part Level Submission) Marin Inc. issues $3.2 million, 10-year, 7% bonds at 103, with interest payable on January 1 . The straight-line method is used to amortize bond premium Your answer is correct. Prepare the journal entry to record the sale of these bonds on January 1, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Jan. 1 Cash .296 Bonds Payable 1,200 Premium on Bonds Payable Click if you would k.e to show work for this question: Open Show work snow LiSY OF ACCOUNTS SHOW SOLUTION INN TO YEN Prepare the journal entry to record interest expense and bond premium amortization on December 31, 2017, assuming no previous accrual of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually Date Acceeet Tnies and Explanatinn Dec 31 Interest Expense on Bonds Payable Click if you would like to Show Work for this question Open Show Work Attempts: 0 of 15 used SAVE FOR LATER