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Marigold Corporation issued $ 6 6 0 , 0 0 0 of 6 % bonds on May 1 , 2 0 2 5 . The

Marigold Corporation issued $660,000 of 6% bonds on May 1,2025. The bonds were dated January 1,2025, and mature January 1,
2028, with interest payable July 1 and January 1. The bonds were issued at face value plus accrued interest.
Prepare Marigold's journal entries for (a) the May 1 issuance, (b) the July 1 interest payment, and (c) the December 31 adjusting entry.
(If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented
when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
Bonds Payable
Premium on Bonds Payable
Interest Expense
Cash
Interest Expense
Interest Payable Marigold Corporation issued $660,000 of 6% bonds on May 1,2025. The bonds were dated January 1,2025, and mature January 1,
2028, with interest payable July 1 and January 1. The bonds were issued at face value plus accrued interest.
Prepare Marigold's journal entries for (a) the May 1 issuance, (b) the July 1 interest payment, and (c) the December 31 adjusting entry.
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