clear writing please

26. The following section is taken from the Oakland Company's balance sheet at December 31, 2018. Current liabilities: Interest payable Long-term liabilities: Bonds payable (8% annual interest rate, due January 1, 2022) $ 49,000 590,000 Interest is payable annually on January 1. The bonds are callable on any annual interest date. (a) Journalize the payment of the bond interest on January 1, 2019. (b) Assume that on January 1, 2019, after paying interest, Oakland calls bonds having a face value of $185,000. The call price is 104 (i.e., the call price is 104% of the face value). Record the redemption of the bonds. (c) Prepare the adjusting entry on December 31, 2019, to accrue the interest on the remaining bonds. (Indent Credit account titles. Record journal entries in the order presented in the problem.) Transaction Date Account Titles Credit Debit (a) Jan. 1 (b) Jan. 1 (c) Dec. 31