On October 1, 2021, Bramble Corp. issued $744,000, 8%, 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.

(f) Assume that on January 1, 2023, Bramble pays the accrued bond interest and calls the bonds. The call price is 102. 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 (To record payment of interest) Jan. 1, 2023 (To record the redemption of the bonds)