Company authorized the sale of $300,000 of 10%, 10 year debentures on Jan 1, 2006. Interest is payable on jan 1 and July 1. The entire issue was sold on April 1 2006 at 103 plus accrued interest. On April 1, 2011 $100,000 of the bond issue was reacquired and retired at 99 plus accrued interest. On June 30, 2011 the remaining bonds were reacquired at 98 plus accrued interest and refunded with an issue of $200,000 of 9% bonds which were sold at 100

Need Journal entries for 2006 and 2011 straight line amortization of the premium or discount. Ignore any impact of year to year market value changes