On December 31,2011,Dew Drop Inn issued $10,000 worth of 10% bonds at 113 because the market rate of interest at the time of issue had fallen to 8%.Interest on these 10-year bonds is paid annually at December 31.The company uses the effective-interest method to amortize the premium.For each item listed below,fill in the correct dollar amount in the column that represents the financial statement where the item will appear:

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The Answer of On December 31,2011,Dew Drop Inn issued $10,000 worth of 10% bonds at 113 because the market rate of interest at the time of issue had fallen to 8%.Interest on these 10-year bonds is paid annually at December 31.The company uses the effective-interest method to amortize the premium.For each item listed below,fill in the correct dollar amount in the column that represents the financial statement where the item will appear:

On December 31,2011,Dew Drop Inn Issued $10,000 Worth of 10