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eridan Electric sold $6,840,000,10%,10-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and paid interest inually on January 1 . The

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eridan Electric sold $6,840,000,10%,10-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and paid interest inually on January 1 . The bonds were sold at 98. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automaticolly indented When amount is entered. Do not indent manually.) At December 31, 2022, $13,680 of the Discount on Bonds Payable account has been amortized. Show the balance sheet presentation of the long-term liability at December 31, 2022. (Enter account name only and do not provide descriptive information.) On January 1,2024, when the carrying value of the bonds was $6,730,560, the company redeemed the bonds at 102 . Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit occount titles are outomatically indented when amount is entered. Do not indent manually.) eridan Electric sold $6,840,000,10%,10-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and paid interest inually on January 1 . The bonds were sold at 98. Prepare the journal entry to record the issuance of the bonds on January 1, 2022. (Credit account titles are automaticolly indented When amount is entered. Do not indent manually.) At December 31, 2022, $13,680 of the Discount on Bonds Payable account has been amortized. Show the balance sheet presentation of the long-term liability at December 31, 2022. (Enter account name only and do not provide descriptive information.) On January 1,2024, when the carrying value of the bonds was $6,730,560, the company redeemed the bonds at 102 . Record the redemption of the bonds assuming that interest for the period has already been paid. (Credit occount titles are outomatically indented when amount is entered. Do not indent manually.)

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