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Can you help me determine the journal entries for a c ompany that issued $460,000of7%,20-year bonds on January 1, 2017, at face value. Interest is

Can you help me determine the journal entries for a company that issued $460,000of7%,20-year bonds on January 1, 2017, at face value. Interest is payable annually on January 1?

The dates to figure out

Jan 1, 2017 - issuance of bonds

Dec 31, 2017 - accrual of interest

Jan 1, 2018 - payment of interest

Jan 1. 2037 - redemption of bonds at maturity, assuming interest for the last interest period has been paid and recorded

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