On October 1, 2021, Blue Corp. issued $744,000, 7%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay interest annually on October 1. Financial statements are prepared annually on December 31.

Part 6

Assume that on January 1, 2023, Blue pays the accrued bond interest and calls the bonds. The call price is 103. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date	Account Titles and Explanation	Debit	Credit
Jan. 1, 2023	enter an account title to record the payment of interest on January 1, 2018	enter a debit amount	enter a credit amount
	enter an account title to record the payment of interest on January 1, 2018	enter a debit amount	enter a credit amount
	(To record payment of interest)
Jan. 1, 2023	enter an account title to record the redemption of the bonds on January 1, 2018	enter a debit amount	enter a credit amount
	enter an account title to record the redemption of the bonds on January 1, 2018	enter a debit amount	enter a credit amount
	enter an account title to record the redemption of the bonds on January 1, 2018	enter a debit amount	enter a credit amount
	(To record the redemption of the bonds)