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b and c added. Exercise 15-07 a-c The following section is taken from Wildhorse Corp.'s balance sheet at December 31, 2019. $ 123,200 Current liabilities

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b and c added.

Exercise 15-07 a-c The following section is taken from Wildhorse Corp.'s balance sheet at December 31, 2019. $ 123,200 Current liabilities Interest payable Long-term liabilities Bonds payable, 7%, due January 1, 2024 1,760,000 Bond interest is payable annually on January 1. The bonds are callable on any interest date. Journalize the payment of the bond interest on January 1, 2020. (Credit account titles are automatically indented when amount Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS LINK TO TEXT ignment CALCULATOR PRINTER VERSION Assume that on January 1, 2020, after paying interest, Ohlman calls bonds having a face value of $505,000. The call price is 101. Record the redemption of the bonds. (Credit automatically indented when amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 1 SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the entry to record the accrual of interest on December 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent Date Account Titles and Explanation Debit Credit Dec. 31 Click if you would like to Show Work for this question: Open Show Work

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