Question: straight - line amortization method. What is the journal entry for the interest payment made on December 3 1 , 2 0 2 5 ?

straight - line amortization method. What is the journal entry for the interest payment made on December 31,2025?
A. Cash
2,500
Interest Expense
2,500
B. Interest Expense
Premium on Bonds Payable
2,400
Cash
2,500
C. Interest Expense
2,500
Cash
2,500
D. Interest Expense 2,500
Premium on Bonds Payable
100
Cash
2,400

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!