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The following data relate to a $200,000,000, 5% bond issued for a selected semiannual interest period:

.The following data relate to a $200,000,000, 5% bond issued for a selected semiannual interest period:

Bond carrying amount at beginning of period $216,221,792
Interest paid during the period 5,000,000
Interest expense allocable to the period 4,864,990

(a) Were the bonds issued at a discount or a premium?
(b) What is the unamortized amount of the discount or premium account at the beginning of the period?
(c) What account was debited to amortize the discount or premium?

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Accounting-8100613.doc

The following data relate to a $200,000,000, 5% bond issued for a selected semiannual interest period:
Bond carrying amount at beginning of period $216,221,792
Interest paid during the period...

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