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Trying to figure out interest expense and premium on bonds payable :) Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $11,300,000 of 10-year, 11%Journal Shaded cells have feedback. PAGE 10 JOURNAL Score: 70/75 ACCOUNTING EQUATION POST. REF. CREDIT ASSETS LIABILITIES EQUJournal Shaged cells have Teedback How does grading work? PAGE 11 JOURNAL Score: 28/37 ACCOUNTING EQUATION DESCRIPTION POST.

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Journal Entries Date Account Title and Explaination Debit Post. Ref. Credit S $ 548,006.65 $ 73,493.35 Dec.31 Interest ExpensPremium On Bonds Payable = Issue Price - Face Value = $12,769,867-$11,300,000 = $1,469,867.00 Annual Amortization of Premium

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