Nash Corporation issued $$700,000$ of $9\%$ bonds on November $1,2025,$ for $$740,784.$ The bonds were dated November $1,2025,$ and

mature in $8$ years, with interest payable each May $1$ and November $1.$ Nash uses the effective$-$interest method with an effective rate

of $8\%.$

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Prepare Nash's December $31,2025,$ adjusting entry. $($Round intermediate calculations to $5$ decimal places, e$.$g$.1\mathrm{.}25124$ and final answers to

$0$ decimal places, e$.$g$.38,548.$ 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.$)$

Date

Account Titles and Explanation

Debit

December $31,$

$2025$