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On October 1, 2021, Monty Corp. issued $828,000, 7%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay interest annually

On October 1, 2021, Monty Corp. issued $828,000, 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.Show the balance sheet presentation of bonds payable and bond interest payable on December 31, 2021. MONTY CORP. Balance Sheet (Partial) December 31, 2021 Current Assets v

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