Bonds Issued at a Discount

Date of issue and sale:

April 1, 20-1

Principal amount:

$430,000

Sale price of bonds:

98

Denomination of bonds:

$1,000

Life of bonds:

10 years

Stated rate:

7%, payable semiannually on September 30 and March 31

a.  
Issuance of the bonds at a discount.

b.  
Interest payment and discount amortization on the bonds on September 30.

c.  
Year-end adjustment on the bonds.

If an amount box does not require an entry, leave it blank.