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On August 1,2022, Kingbind, Inc, issued $675,000,8,10-year bonds at tace value, Interest is pwyable annually on August 1. - Kingbird s year-end is December 31.

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On August 1,2022, Kingbind, Inc, issued $675,000,8,10-year bonds at tace value, Interest is pwyable annually on August 1. - Kingbird s year-end is December 31. (a) Prepare the journat entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered Do not indent manualiy, if no entry is requilred, select "No Entry" for the occount titles and enter O for the amounts) (b) Prepare the joumal entry to record the arnual accrual of interest on December 31, 2022. 10redit occount tites ore aufornatically indented when ampunt is entered. Do not indent manually, If no entry is required, select "No Entry" for the account tibles and enter of for the amounts: (c) Propste the journal entry to record the payment of interest on August 1, 2023. (Oredit occount tities ore oufomaticolly indented when

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