Question

Question 1:
On January 1, 1982, J Ltd issued 4,000 bonds with face value of $1,000 each and a
coupon rate of 5%. The bonds were purchased by investors at a price of $1,030. J
incurred costs of $80,000 in issuing the bonds. On January 1, 2002, which was five
prior to the bond's maturity date, J redeemed the bonds at a call price of $1,080. J also
spent $75,000 in calling the bonds. What accounting entries should I make to reflect this
early redemption? (Assume that the bonds premium was being written off on a straight-
line basis.)
years​

Answer 1

Answer:

• the consumption trust

Explanation:

please Mark as brainliest and follow