On January 1, 2020, Windsor Inc. issued $450,000 of 4-year, 3% bonds to yield a market interest rate of 4%. Interest is paid every quarter on January 1, April 1, July 1, and October 1. Windsor has a calendar year end. After recording the December 31, 2021 accrual for quarterly interest, and making the payment on January 1, 2022, all the bonds were redeemed at 102.

Prepare the journal entry to record the accrual of interest and the bond amortization on December 31, 2021

WilcyPLUS Assignments X WileyPLUS olportal.ontariolearn.com/ X Dropbox Folders MULX Ic Home mycentennial X o Email lavik Singh Out X C Gct Homework Help W X + O https://edugen wiloyplus.com/edugen/lti/main.uni * lill Wiley PLUS Weygandt, Accounting Principles, Eighth Canadian Edition, Volume 2 Help System Announcements Assignment Assignment > Open Assignment PRINTER VERSION BACK NEXT LINK TO TEXT LINK TO TEXT LINK TO TEXT Attemptsi 4 of 4 used ASSIGNMENT RESOURCES Chapter 15 - Assignment 6 WileyLUS. Problem 15.2 Wirylus Problem 15 4 (Fort level Submission WieyPLUS Problem 15-5 (Part level Submission) WleyPLUS Poble 15.10 (Part Level Submission) (c) Prepare the journal entry to record the accrual of interest and the bond amortization on December 31, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec 31, 2021 Review Score Review Results by Study. Objective LINK TO TEXT LINK TO TEXT LINK TO TEXT Attempts: 0 of 4 used SAVE POR LATIH SUBMIT ANSWER (d) The parts of this question must be completed in order. This part will be available when you complete the part above. License Agreement | Privacy Policy | 2000-2020 lohn Wiley & Sons, Inc. All Rights Reserved. A Division of lohn Wiley & Sons, Inc. Version 4.24.20.1 Type here to search O Dax ENG 11:38 PM 2020-07-28