Exercise 10-9 on January 1, Kirkland Company issued S300,000, 8%, 10-year bonds at face value interest s pr able annually on anuary 1 Prepare our al entry o record the issuance o the bonds credit account titles are automatica dented when a mou e s entered, po not idine ma u i . Date Account Titles and Explanation Debit Credit Jan. 1 W LIST OF ACCOUNTS VEDEO: APPLIED SKILLS VIDEC: SIMILAR EXERCISE Prepare journal entry to record the accrual of interest on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 SHOW LIST OF ACCOUNTS 0: APPLIED SKIES | | VIDEO: SMILAR EXERCISE Prepare journal entry to record the payment of interest an leruary 1. (Credit account tites are automatically Indented when amount is entered. Do not in Date Account Titles and Explanation Debit Credit Jan. 1 Click if you would like to Show Work for this question: Open Show Work VIDEO: APPIED SKILLSVIDEO SIMILAR EXERCISE