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Current Attempt in Progress The Teal Company issued $320,000 of 8% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest

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Current Attempt in Progress The Teal Company issued $320,000 of 8% bonds on January 1, 2020. The bonds are due January 1, 2025, with interest payable each July 1 and January 1. The bords are issued at face value Prepare Teal's journal entries for (a) the January issuance, (b) the July 1 interest payment, and the December 31 adjusting entry. ( no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manual) No. Date Account Titles and Explanation Debit Credit La) [b) (c) List of Accounts Attempts: 0 of 1 used Submit

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