ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 121 Accounts Receivable 611 Gain on Redemption of Bonds 122 Allowance for Doubtful Accounts EXPENSES 126 Interest Receivable 510 Cost of Merchandise Sold 127 Notes Receivable 515 Credit Card Expense 131 Merchandise Inventory 516 Cash Short and Over 141 Office Supplies 522 Office Salaries Expense 191 Land 531 Advertising Expense 194 Office Equipment 532 Delivery Expense 195 Accumulated Depreciation-Office Equipment 533 Repairs Expense 535 Rent Expense LIABILITIES 210 Accounts Payable 536 Insurance Expense 221 Salaries Payable 537 Office Supplies Expense 231 Sales Tax Payable 541 Bad Debt Expense 232 Interest Payable 562 Depreciation Expense-Office Equipment 241 Notes Payable 590 Miscellaneous Expense 710 Interest Expense 251 Bonds Payable 252 Discount on Bonds Payable 711 Loss on Redemption of Bonds 253 Premium on Bonds Payable EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends On January 1, the first day of the fiscal year, Designer Fabric Inc. issues a $200,000, 6%, 10-year bond that pays semiannual interest of $6,000 (S200,000 x 6% x 2 year), receiving cash of $200,000. Journalize the entries to record (a) the issuance of the bonds, (b) the first interest payment on June 30, and (c) the payment of the principal on the maturity date of December 31 on page 11. Refer to the Chart of Accounts for exact wording of account titles