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Please prepare three journal entries for may 1, june 30, december 31 The December 31.2021 balance sheet of the World Wide Distribution Company The bonds
Please prepare three journal entries for may 1, june 30, december 31 The December 31.2021 balance sheet of the World Wide Distribution Company The bonds were originally issued on December 31,2018 at 97 , with interest payable on June 30 and December 31 . Amortization of bond discount is also recorded at the time interest is paid. On May 1, 2022, World Wide Distribution Company redeemed $800,000 of the se bonds at 102 . The accrued interest on the bonds being redeemed was also paid. Instructions: a. Prepare the May 1,2022 journal entries. b. Prepare the June 30,2022 journal entries. c. Prepare the December 31,2022
Please prepare three journal entries for may 1, june 30, december 31
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