Prepare the journal entry to record the accrual of interest and the discount amortization on December 31,2022 . (Round answers to 0 decimal places, e.g. 5,275. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles ano enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Pina Corporation issued $918,000,9%,10-year bonds on January 1,2022 , for $860,820. This price resulted in an effective-interest rate of 10% on the bonds. Interest is payable semiannually on July 1 and January 1 . Pina uses the effective-interest method to amortize bond premium or discount. (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)