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EX105.Interest is payable annually. Mintz uses the straighe-line method of amortization and has a calendar year end. 6 PO EX10#11 : BONDS ISSUED AT PREMIUM: Mintz Company issued S400,000, 10%, 10-year 105. Interest is payable annually. Mintz uses the straight-line January 1, 2017, at year end. 6 POINTS bonds on Instructions: (Complete Amortization Schedule- Bonds Issued at a Premium) Prepare all journal entries made in 2017 related to the bond issue. 1. What is the issuance price of the bond at a premium? What is the unamortized premium on the bond at issuance?Prepare the journal entry for the bond issuance. Dr. Cr. Cr 2. Prepare the amortization schedule for the bond issued at a premium for the 10 years. 3. What is the Balance Sheet Reporting of the bond at the end of the fifth interest period (carrying value of bond)? Bond Payable Add: Unamortized Premium on bonds Payable S Carrying Value of Bond 4. What is the total interest expense recorded for the ten years? $ HW12. Hw10#12: BONDS ISSUED AT A PREMIUM: Grand Company issued $800,000, 10%, 20-year bonds on January 1, 2017. 104. Interest is payable annually on January 1. Grand uses the straight-line method of amortization and has a calendar year e 8 POINTS Instructions: 1. What is the issuance price of the bond? SWhat is the total of the unamortized premium on the bond? 2. What is the carrying value of the bond at the end of the first interest period? S 3. What is the unamortized premium on the bond at the end of the second interest period

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