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On October 1, 2021, Bramble Corp. issued $756,000,7%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay interest annually on

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On October 1, 2021, Bramble Corp. issued $756,000,7%, 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 1 Part 2 Prepare the adjusting entry to record the accrual of interest on December 31, 2021. (Credit account titles are automatically indented when amount entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31, 2021 e Textbook and Media List of Accounts Save for Later Attempts: 0 of 15 used Submit Answer Part 3 Show the balance sheet presentation of bonds payable and bond tacion BRAMBLE CORP. Balance Sheet (Partial) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 15 used Submit Answer Part 4 Prepare the journal entry to record the payment of interest on October 1, 2022. entered. Do not indent manually) Bules are outomatically indented when amount is Date Account Titles and Explanation Oct. 1.2022 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 15 used Submit Answer Prepare the adjusting entry to record the accrual of interest on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec 31, 2022 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 15 used Submit Answer Part 6 Assume that on January 1, 2023, Bramble pays the accrued bond interest and calls the bonds. The call price is 105. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented amount is entered. Do not indent manually.) S Date Account Titles and Explanation 3 Credit Jan. 1.2023 (To record payment of interest) Jan. 1.2023 (To record the redemption of the bonds) e Textbook and Media List of Accounts Save for Later Attempts: 0 of 15 used Submit

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