Current Attempt in Progress Selected transactions on the books of Carla Vista Corporation follow: May 1, 2023 Dec. 31 Jan. 1, 2024 April 1 Dec. 31 Bonds payable with a par value of $800,000, which are dated January 1, 2023, are sold at 107 plus accrued interest. They are coupon bonds, bear interest at 11% (payable annually at January 1), and mature on January 1, 2033. (Use ar Adjusting entries are made to record the accrued interest on the bonds and the amortization of the proper amount o Interest on the bonds is paid. Par value bonds of $480,000 are repurchased at 104 plus accrued interest and are retired. (Bond premium is to be ar Adjusting entries are made to record the accrued interest on the bonds, and the proper amount of premium amortize (a) Assume that Carla Vista follows ASPE. Prepare the journal entries for the transactions above. (Round answers to O decimal places, e.g. 5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Do not round intermediate calculations.) Account Titles and Explanation Date May 1, 2023 Cash Debit 868,000 Credit Bonds Payable Gain on Redemption of Bonds Dec. 31, 2023 Interest Expense Interest Payable (To record accrued interest expense) Dec. 31, 2023 Gain on Redemption of Bonds Interest Expense Jan. 1, 2024 (To amortize the premium) Apr. 1, 2024 (To amortize the premium) Dec. 31, 2023 Bonds Payable Dec. 31, 2024 Gain on Redemption of Bonds Loss on Redemption of Bonds (To record reacquisition of bonds) Interest Expense Interest Payable (To record accrued interest expense) Dec. 31, 2024 Gain on Redemption of Bonds Interest Expense (To amortize the premium) eTextbook and Media List of Accounts 29,333.33 30,000 800 68 29,33 Assistance Used