Problem #
On January Darnold & Co issued $year, bonds at with interest payable annually.
The straightline method is used to amortize bond discount. On January the company
redeemed $ of these bonds at
A Prepare the journal entry to record the sale of these bonds on January
B Prepare the journal entry to record interest expense and bond discount amortization at December
C Prepare the journal entry to record the redemption of $ of the bonds at at January
