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3. Recording interest on bonds payable On January 31, 2022, A Company issued P3,000,000 cash. The bonds are dated December 31, 2021 and mature on

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3. Recording interest on bonds payable On January 31, 2022, A Company issued P3,000,000 cash. The bonds are dated December 31, 2021 and mature on December 31, 2031. Interest is payable semiannually on June 30 and December 31. Requirements: a. Provide the related journal entries for 2022 and 2023 b. What is the Interest expense for 2022 and 2023 c. What is the Accrued Interest Payable for 2022 and 2023

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