On December 31, determined that APA will not be paying their outstanding balance. Wrote off the total amount of bad debt from APA Corp. Debit Credit Date Accounts Dec. 31 ed a bond on December 31 with a face value of$55,000 at a stated annual interest rate of 5% and a rket annual interest rate of 9%. The bonds mature in 10 years and interest is paid annually at the d of the period. Round all balances to the nearest whole dollar. Accounts Debit Credit Date Dec 31 Type here to search