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  3. larkspur, inc. sold $2,700,000, 4%, 10-year bonds

Larkspur, Inc. sold $2,700,000, 4%, 10-year bonds on January 1, 2022. The bonds were dated...

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Accounting

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Larkspur, Inc. sold $2,700,000, 4%, 10-year bonds on January 1, 2022. The bonds were dated January 1 and pay interest annually on January 1. Larkspur, Inc. uses the straight-line method to amortize bond premium or discount. The bonds were sold at 104. Show the balance sheet presentation of the bond liability at December 31, 2023. (Enter account name only and do not provide descriptive information.) Larkspur, Inc. Balance Sheet December 31, 2023 $ $ $ e Textbook and Media

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