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Current Attempt in Progress Grouper Corp, issued 1,6009 year, ( $ 1,000 ) bonds dated January 1,2025 , at face value. Interest is paid each

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Current Attempt in Progress Grouper Corp, issued \1,6009 year, \\( \\$ 1,000 \\) bonds dated January 1,2025 , at face value. Interest is paid each January 1 . (c) Prepare the journal entry on January 1, 2026, to record interest paid. (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select \"No Entry\" for the account titles and enter 0 for the amounts.)

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