On October $1,2024,$ Kristal Corp. issued $$700,000,5\%,10$ year$-$bonds at face value. The bonds were dated October $1,2024,$ and pay interest annually on October $1.$ Financial statements are prepared annually on December $31.$

a$)$ Prepare the journal entry to record the issuance of the bonds.

b$)$ Prepare the adjusting entry to record the accrual of interest on December $31,2024.$

c$)$ Prepare the journal entry to record the payment of interest on October $1,2025.$

d$)$ Prepare the adjusting entry to record the accrual of interest on December $31,2025.$

e$)$ Assume that on January $1,2026,$ Kristal pays the accrued bond interest and calls the bonds. The call price is $104.$ Record the payment of interest and redemption of the bonds.