Brief Exercise 15-06 The balance sheet for Caria Vista Consulting reports the following Information on buly s Long-term labilities , 2020 Bonds payable 1,700,000 Less: Discount on bonds payable Carla Vista decides to redeem these bonds at 101 after paying annual Interest Prepare the journal entry to record the redemption on July 1, 2020. (Credit account tities are Date Account Tieies and Expianation July 1 85,0001,615,000 automatically indented when amount is entered. Do not indent Debit Credit