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On August 1, 2022. Pina Colada Corp. issued $493,200,6% , 10-year bonds at face value. Interest is payable annually on August 1. Pina Colada's year-end

On August 1, 2022. Pina Colada Corp. issued $493,200,6% , 10-year bonds at face value. Interest is payable annually on August 1. Pina Colada's year-end is December 31
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On August 1, 2022, Pina Colada Corp. issued $493,200,6%, 10-year bonds at face value Interest is payable annually on August 1. Pina Colada's year-end is December 31. Prepare a tabular summary to record the following events. (a) The issuance of the bonds. (b) The accrual of interest on December 31, 2022 (c) The payment of interest on August 1, 2023 Assets Liabilities Cash Bonds Pay Interest Pay. Coi $ (a) Aug 1, 20122 (b) Dec 31, 2022 (c) Aug 1, 2023 Pd. in Cap. Common Stock Stockholders' Equity Retained Earnings Expense $ $ Revenue Dividend $

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