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On Janusry 1.2025 , wanhoe Corporation issued 5480,000 of 7% bondk, due in 10 years. The bonds were issued for 5447 163, and pur interest

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On Janusry 1.2025 , wanhoe Corporation issued 5480,000 of 7% bondk, due in 10 years. The bonds were issued for 5447 163, and pur interest each Jly 1 and January 1 . Ivanhoe uses the effective interest method. Piepare the company's journal entries for (a) the January 1 isuance, (bit the duly 1 interest paryment, and (c) the December 31 Intry for the account tites and enter Ofor the onounts. Crefit occount bides are astomaticolly indented when the amount is enternd. Do net indent manusily List all detit endries before credit entriex.)

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