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Stephanie Ram Corporation have a $880,000 "bond issue" dated February 1,2016 due in 10 years...

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Accounting

Stephanie Ram Corporation have a $880,000 "bond issue" dated February 1,2016 due in 10 years with an annual interest rate of 12%. Interest is payable February 1 and August 1. On April 1,2016, the bond was sold for $826,900 plus accrued interest.
Using the straight-line method, prepare the general journal entries for each of the following:
a) The issuance of the bond on April 1,2016.
b) Payment of the semi-annual interest and the amortization of the discount on August 1,2016.
c) Accrual of the interest and the amortization of the discount on December 31,2016.
d) Payment of the semi-annual interest and the amortization of the discount on February 1,2017.
(Credit account titles are automatically indented when the amount is entered. Do not indent manually. Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas. Round answers to 2 decimal places, et.5,275.25.)
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