E$15\mathrm{.}4($LO $2),$ AP Laudie Company issued $$400,000$ of $9\%,10-$year bonds on January $1,2022,$ at face value. Interest is payable annually on January $1,2023.$

Instructions

Prepare the journal entries to record the following events.

a$.$ The issuance of the bonds.

b$.$ The accrual of interest on December $31,2022.$

c$.$ The payment of interest on January $1,2023.$

d$.$ The redemption of bonds at maturity, assuming interest for the last interest period has been paid and recorded.