Present entries to record the selected transactions described below: (a) Issued $\$ 2,750,000$ of 10 -year, $8 \%$ bonds at 97 .
(b) Amortized bond discount for a full year, using the straight-line method.
(c) Called bonds at 98 . Assume the bonds were carried at $\$ 2,692,250$ at the time of the redemption.

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The Answer of Present entries to record the selected transactions described below: (a) Issued $\$ 2,750,000$ of 10 -year, $8 \%$ bonds at 97 .
(b) Amortized bond discount for a full year, using the straight-line method.
(c) Called bonds at 98 . Assume the bonds were carried at $\$ 2,692,250$ at the time of the redemption.

Present Entries to Record the Selected Transactions Described Below: (A) $2,750,000\$ 2,750,000$2,750,000

Present Entries to Record the Selected Transactions Described Below: (A) $\$ 2,750,000$