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The board of directors of Allen Services Inc, authorized the issuance of $580,000 face value, 20-year 5 percent bonds dated April 1, 2022, and maturing on April 1. 2042 Interest is payable semiannually on April 1 and October 1. Allen uses the calendar year as its fiscal year. The bond transactions that occurred in 2022 and 2023 follow. DATE TRANSACTIONS FOR 2022 Apr. 1 Issued $348,000 of bonds at face value. Oct. 1 Paid the semiannual interest on the bonds issued. Dec. 31 Recorded the adjusting entry for the accrued bond interest. 31 Closed the Bond Interest Expense account to the Income Summary account. DATE TRANSACTIONS FOR 2023 Jan. 1 Reversed the adjusting entry made on December 31, 2022. Apr, 1 Issued $116,000 of bonds at face value. 1 Paid the interest for six months on the bonds previously issued. Oct. 1 Paid the interest for six months on the outstanding bonds. Dec. 31 Recorded the adjusting entry for the accrued bond interest. 31 Closed the Bond Interest Expense account to the Income Summary account. Required: Record the transactions in general Journal form. Analyze: Based on the transactions given, what is the balance in the Bonds Payable account on December 31, 2022? Journal entry worksheet 1 2 3 4 5 6 7 8 8 on 10 Issued $348,000 of bonds at face value. Note: Enter debits before credits Date General Journal Debit Credit Apr. 01. 2022 View general journal Clear entry Record entry Journal entry worksheet 1 3 4 5 6 7 8 9 10 Paid the semiannual interest on the bonds issued. Note: Enter debits before credits Debit General Joumal Date Credit Oct 01 2022 View general journal Clear entry Record entry Alad Journal entry worksheet G+ Recorded the adjusting entry for the accrued bond interest. Note: Enter debits before credits Debit Credit General Journal Date Dec 31 2022 View general journal Clear enty Record entry SA Journal entry worksheet 2 3 5 6 7 8 9 10 Closed the Bond Interest Expense account to the Income Summary account. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31, 2022 Vew general journal Record entry Clear entry Journal entry worksheet 11 2 3 4 6 G 7 8 9 10 > Reversed the adjusting entry made on December 31, 2022. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 01 2023 View general journal City . Record entry Journal entry worksheet