On January 1, Carla Vista Co. issued $360,000, 7%, 10-year bonds at face value. Interest is payable annually on January 1. (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 11 Cash Bonds Payable eTextbook and Media List of Accounts Debit 360,000 Credit 360,000 Attempts: unlimited (b) Prepare the journal entry to record the accrual of interest on December 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Debit Credit