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23.68/45 I Marigold Corp sold $2,970,000,9% 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest January 1

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23.68/45 I Marigold Corp sold $2,970,000,9% 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest January 1 Marigold Corp unes the straight-line method to amortize bond premium or discount (a) Your answer is correct Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 105, (Credit account titles are automatically indented when amount is entered. De not indent manually if no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) Date Account Titles and Explanation 3022 Cash Dec 31 2022 eTextbook and Media Debit 20700 Credit 29700 257x pdf

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