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Flint Corporation issued 2,900 7%, 5 year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1. (a) Prepare the

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Flint Corporation issued 2,900 7%, 5 year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit Debit Account Titles and Explanation Date Jan. 1, 2022 (b) Prepare the adjusting journal entry on December 31, 2022, to record interest expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Dec. 31 2022 (b) Prepare the adjusting journal entry on December 31, 2022, to record interest expenser. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and explanation Debit Credit Dec 31, 2022 (c) Prepare the journal entry on January 1, 2023, to record interest paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1. 2023

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