On March 1, 20X1, Allen, Inc (D) Was the Bond Issued at Par, at a Premium

On March 1, 20X1, Allen, Inc., issued a $1,000, 8%, five-year bond payable for $1,060. The bond was dated on March 1, 20X1, and interest is payable each February 28 and August 31. You are to complete the following entries: (round to the nearest dollar.) $\begin{array}{|l|l|l|l|}\hline \text { (a) } & \text { March 1, 20X1- Date of issuance: } &\quad \quad \quad \quad &\quad \quad \quad \quad \quad \\\hline & \text { Cash } & \\\hline & \text { Bonds payable } & \\\hline & \text { Premium on bonds payable } & \\\hline \text { (b) } & \begin{array}{l}\text { August 31, 20X1 - Interest payment date } \\\text { (assume straight-line amortization): }\end{array} & \\\hline & \text { Bond interest expense } & \\\hline & \text { Premium on bonds payable } & \\\hline & \text { Cash } & \\\hline \text { (c) } & \begin{array}{l}\text { December 31, 20X1 - Adjusting entry (end of } \\\text { annual accounting period): }\end{array} & \\\hline & \text { Bond interest expense } & \\\hline & \text { Premium on bonds payable } & \\\hline & \text { Bond interest payable } & \\\hline\end{array}$
(d) Was the bond issued at par, at a premium, or at a discount?
(e) What is the carrying value of book value of the bond on December 31, 20X1?
(f) Where in the financial statements does the carrying value of the bond appear (be specific)?
(g) On what date does the bond issue mature?