Sunland Company issued $580,000, 6%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually on January 1. Sunland uses straight-line amortization for bond premium or discount.
a. Prepare the journal entry to record the issuance of the bonds.

The journal entry for the bond issuance is as follows:

Dr Cash                    $597,400 .00

Cr  Bond payable                                $580,000.00

Cr Premium on Bond Issuance               $17,400.00

Explanation:

The bond issue price is $580000*103/100=$597400

Since the bond issue price is greater than the face value of the bond, the bond is said to be issued at a premium.

Cash increased by $597,400 due to the bond issuance, whereas the bond issuance price is $17400 greater than the bond par value.As a result, the appropriate entries would to debit cash account with the increase in cash,while the increase in obligation-bond payable is credited with the par value of $580,000.00, with balance representing the premium also credited to bond premium account.

start by isolating the variable on one side by adding 43w^2 to both sides.   the equation will read:

25w^2+5=0

*subtract 5 from both sides*

25w^2=-5

*divide both sides by 25*

w^2=-1/5

*take the square root of both sides*

w=√(-1/5)

the square root of -1 is i.   the square root of 5 remains √5

the answer is i/√5.

hope this