Swanson Corporation issued 8,100,000 of 20 year, 8% bonds on April 1, 2009 at 102. Interest is due on March 31 and Sept 31 of each year and all of the bonds in the issue mature on March 31, 2029. Swanson's fiscal year ends on December 31. Prepare the following journal entries:
-April 1, 2009: record the issuance of bonds
-Sept 30, 2009: to pay interest and to amortize the bond premium
-March 31, 2029 to pay interest, amortize the bond premium, and retire the bonds at maturity (9make two separate entries)