K Bow Company sells $100,400 of 17%, 24-year bonds for 93 on April 1, 2020. The market rate of interest on that day is 17%. Interest is paid each year on April 1. Bow Company unem straight-line amortization method. Write the adjusting entry required at December 31, 2020. (Record debits first, then credits. Explanations are not required. Hold all decimals for interim calculations. Round your final answers to the nearest whole dollar.) Date Dec. 31, 2020 Accoun Debit Credit