Question: this is all the info given QUESTION 1 15 points Save Answer Celine Dion Company issued year bonds on January 1, 2014, at Interest is
QUESTION 1 15 points Save Answer Celine Dion Company issued year bonds on January 1, 2014, at Interest is payable semiannually on July 1 and January 1, Dion Company uses the straight-line method of amortization for bond premium or discount Instructions: Prepare the journal entries to record the following (a) The issuance of the bonds (b) The payment of interest and related amortization on July 1, 2014 (c) The accrual of interest and the related amortization on December 31, 2014 TT T Arial 3 (12 T. E.E. . Problem ##. Celine Dion Company issued $600,000 10% 10% 20 -year bonds on January 1, 2014, at 102 Interest is payable semiannually on July 1 and January 1. Dion Company uses the straight-line method of amortization for bond premium or discount. Instructions: Prepare the journal entries to record the following (a) The issuance of the bonds. Jan 1, 14 Account Title Amount Account Title Formula Account Title Formula (b) The payment of interest and related amortization on July 1, 2014 Jul 1, 14 Account Title Formula Account Title Formula Account Title Formula (c) The accrual of interest and the related amortization on December 31, 2014 Dec 31, 14 Account Title Formula Account Title Formula Account Title Formula
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