Cameron Ltd issued $1,000,000 of 10%, 10-year debentures on 1 January 2015. The debentures were dated 1 Jan and pay interest on 1 July and 1 January. The debentures were issued at face value. Assume no interest is accrued on 30 June, and Cameron Ltd's year end is 31 December

A) Prepare the journal entry to record the issue of the debentures on 1 January 2015.

B) Prepare journal entries to record the payment of interest on 1 July 2015 and the accrual of interest on 31 December 2015.

C) At 31 December 2016, the entity redeemed the debentures at 104. Record the redemption of the debentures assuming that interest for the year had already been paid.