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Assume that on July 1,2027 Cullumber Co redeems half of the bodns at a cost...

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Accounting

Assume that on July 1,2027 Cullumber Co redeems half of the bodns at a cost of $1122300 plus accrued interst. Prepare the journal entryto record this redemption\table[[A,B,C,D,E],[Part a],[Date,Account titles,debit,credit,],[Jan12024,Cash,2234253,,],[Premium on bonds payable,,124253,],[Bonds Payable,,2110000,],[,,,E,],[Part b],[Date,Cash paid,Interest Exper,premium Amortization,Carrying Value of Bonds.],[11?24,0,0,0,2234255],[11?25,253200,245768,7432,2226821],[11?26,253200,244950,8250,2218571],[11?27,253200,244043,9157,2209414],[11?28,253200,423036,10164,2199250]]
Part C
Assume that on July 1,2027, Cullumber Co redeems half of the bonds at a cost of $1122300 plus accrue
Date interest. Prepare the journal entry to record this redemption.
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Acct Titles
71?27
\table[[Interest Expense,Debit,Credit],[Premium on Bondspay,?,],[Cash,,]]
71?27
\table[[Bonds Payable,?
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