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ACF Company reported the following amounts on its balance sheet at July 31,2021 : (Click the icon to view the balance sheet data.) Required a.

image text in transcribed ACF Company reported the following amounts on its balance sheet at July 31,2021 : (Click the icon to view the balance sheet data.) Required a. Prepare the journal entry to record the bond interest payment on July 31, 2022. b. Calculate the total number of common shares outstanding after the bonds' conversion on July 31,2022. c. Prepare the journal entry to record the bond conversion. Requirement a. Prepare the journal entry to record the bond interest payment on July 31,2022 . (Round to the \begin{tabular}{c|ccc} Date & Accounts & Debit & Credit \\ Jul. 312022 & Balance Sheet Data \end{tabular}

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