Also prepare journal entry to record the payment of interest on January 1st, 2018

E Question 1 | On January 1, 2017, Forrester Company issued $281,000, s%, 5-year bonds at face value. Interest is payable annually on January 1. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent m Date Account Titles and Explanation Debit Credit Jan. 1, 2017 cash 281,000 Bonds Payable 81,000 dy SHOW LIST OF ACCOUNTS LINK TO TEXY Prepare the journal entry to record the accrual of interest on December 31, 2017. (Credit account titles are automatically indented when amount is entered manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2017