Answer
2010
a)Dec. 31
Cash 330,000 dollars
Mortgage Notes Payable 330,000 dollars
b)2011 June. 30
Interest Expense 13,200 dollars
Mortgage Note payable 7,923 dollars
Cash 21,123 dollars
c) 2011 Dec. 31
Interest Expense 12,672 dollars
Mortgage Note payable 8,451 dollars
Cash 21,123 dollars
Work Step by Step
a) To record mortgage loan
b) To record accrued bond interest and Amortization of bond premium
c) To record accrued bond interest and Amortization of bond premium