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(a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent
(a) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation May 1,2022 Debit Credit eTextbook and Media List of Accounts Save for Later (b). Prepare the adjusting entry to record the accrual of interest on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31, 2022 Debit Credit Show the balance sheet presentation on December 31, 2022. (Enter account name only and do not provide descriptive information.) Prepare the adjusting entry to record the accrual of interest on December 31,2023 . (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31, 2023 eTextbook and Media List of Accounts Save for Later (f). Date Account Titles and Explanation Jan. 1, 2024 (To record payment of interest) Jan. 1, 2024 Debit Credit (To record redemption of the bonds)
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