On October 1, 2016, Kristal Corp. issued $700,000, 5%, 10-year bonds at face value. The bonds were dated October 1, 2016, and pay interest annually on October 1. Financial statements are prepared annually on December 31. a. Show the balance sheet presentation of bonds payable and bond interest payable on Dec. 31st 2021 b. prepare the journal entry to record the payment of interest on Oct. 1st, 2022 c. prepare the adjusting entry to record the accrual of interest on dec 31st 2022