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Assume that on January 1, 2024, Oriole pays the accrual bond interest and calls the bonds. The call price is 105. Record the payment

Assume that on January 1, 2024, Oriole pays the accrual bond interest and calls the bonds. The call price is 105. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1, Interest Payable 2024 Cash (To record payment of interest) Jan. 1. Bonds Payable 2024 Loss on Bond Redemption Cash (To record redemption of the bonds) eTextbook and Media Debit 30800 770000 8085 Credit 30800 778085

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