List of accounts

Accounts Payable

Accounts Receivable

Accumulated Depreciation-Buildings

Accumulated Depreciation-Equipment

Allowance for Doubtful Accounts

Bad Debt Expense

Bonds Payable

Buildings

Cash

Cash Dividends

Common Stock

Depreciation Expense

Discount on Bonds Payable

Dividends Payable

Equipment

Gain on Bond Redemption

Interest Expense

Interest Payable

Inventory

Land

Lease Liability

Leased Asset-Equipment

Loss on Bond Redemption

Mortgage Payable

Notes Payable

Other Operating Expenses

Paid-in Capital in Excess of Par-Common Stock

Paid-in Capital in Excess of Par-Preferred Stock

Preferred Stock

Premium on Bonds Payable

Rent Expense

Rent Revenue

Retained Earnings

Right-of-Use-Asset

Salaries and Wages Expense

Salaries and Wages Payable

Sales Revenue

Treasury Stock

Unearned Rent Revenue

On May 1,2022, Ivanhoe Corp. issued $990,000,9%,5-year bonds at face value. The bonds were dated May 1,2022 , and pay interest annually on May 1. Financial statements are prepared annually on December 31 . (a) Prepare the joumal entry to record the issuance of the bonds. (Credit account titles are outomotically indented when amount is entered. Do not indent manually] (b) Correct Answer (Used) Your answer is partially correct Prepare the adjusting entry to record the accrual of interest on December 31,2022 . (Credit occount titles are outomatically indented when amount is entered, Do not indent manually.) Show the balance sheet presentation on December 31,2022. (Enter account name only and do not provide descriptive information) eTextbook and Media List of Accounts Assistance Used Last saved 1 second ago. Attempts: 1 of 2 used (d) Prepare the journal entry to record payment of interest on May 1. 2023. CCredit occount tittes are automatically indented when amount is entered. Do not indent manuallyd Prepare the adjusting entry to record the accrual of interest on December 31,2023 . CCredit account tites ore cutomotically indented when amount is entered. Do not indent manually) eTextbook and Media List of Accounts Attempts 1 of 2 used (f) - Your answer is partially correct. Assume that on January 1,2024, Ivanhoe pays the accrual bond interest and calls the bonds. The call price is 103 . Record the payment of interest and redemption of the bonds. (Credit occount titles are outomaticolly indented when oncunt is enternt . Do not indent manually