Windsor Co$.$ sells $\backslash (\backslash$$ $534,000\backslash )$ of $\backslash (8\backslash \%\backslash )$ bonds on March $1,2025.$ The bonds pay interest on September $1$ and March $1.$ The due date of the bonds is September $1,2028.$ The bonds yield $12\backslash \%.$ Give entries through December $31,2026.$ Prepare a bond amortization schedule using the effective$-$interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year$-$end. $($Round answers to $0$ decimal places, e$.$g$.\backslash (38,548\backslash ).)$

Prepare all of the relevant journal entries from the time of sale until December $31,2026.($Assume that no reversing entries were made.$)($Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and the final answers to $0$ decimal places, e$.$g$.58,971.$ 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.$)$

Date

Account Titles and Explanation

Debit

Credit

$\backslash (\backslash$square$]\backslash )$

$[\backslash (\backslash$square $\backslash )$

$[\backslash (]\backslash )$

$\backslash ([\backslash )]$ Sheridan Co$.$ sells $\backslash (\backslash$$ $425,000\backslash )$ of $\backslash (12\backslash \%\backslash )$ bonds on June $1,2025.$ The bonds pay interest on December $1$ and June $1.$ The due date of the bonds is June $1,2029.$ The bonds yield $\backslash (8\backslash \%\backslash ).$ On October $1,2026,$ Sheridan buys back $\backslash (\backslash$$ $136,000\backslash )$ worth of bonds for $\backslash (\backslash$$ $142,000\backslash )($includes accrued interest$).$ Give entries through December $1,2027.$

Prepare a bond amortization schedule using the effective$-$interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year$-$end. $($Round answers to $0$ decimal places, e$.$g$.38,548.)$ Prepare all of the relevant journal entries from the time of sale until December $31,2027.($Assume that no reversing entries were made.$)($Round present value factor calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and the final answers to $0$ decimal places, e$.$g$.58,971.$ 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.$)$

Date

Account Titles and Explanation