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Gradebook ORION - Open Assignment Exercise 14-10 On January 1, 2017, Skysong Cormany sold 11% bonds havy a maturity value of SS50,000 for $570,849, wed, provides the bondholders with a 10% yield. The bonds are dated January 1, 2017, and mature January 1, 2022, with interest payable December 31 of each year. Skysong Company allocates interest and unamortized discount or premium on the ne 14-9 Prepare the journal entry at the date of the bond issuance. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select No Entry for the account titles and enter O for the amounts. Credit account titles are indented when amount is entered. Do not indent manually,) Accoust Tides and Explanation Deblit January 1, 2017 Prepare a schedule of interest expense and bond amortization for 2017-2019. (Round answer to 0 decímal places, e.g. 38,548.) Interest Methed Carrying Amount of Bonds Expense Amortized 12/31/17 12/31/18 12/31/19 places, e.g. 38,548. 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 amount is entered. Do not indent manually.) Accoust Titles and Explanstios December 31, 2017
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