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2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select
2. Prepare the journal entry to record the interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list view journal entry worksheet No Date General Journal Debit Credit 32,046 2,797 June 30 Interest expense Discount on bonds payable Cash 29,250 3. What bond payable amount will Park report on its June 30 balance sheet? (Enter all amounts with a positive sign.) PARK CORPORATION Balance Sheet (Partial) At June 30 Long-term liabilities Bonds payable $ 754,011 Discount on bonds payable S 2,792 756,803
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