Problem 10-9A (Part Level Submission) When market interest rates were 6%, three companies issued bonds on January 1, 2018. Each company has a December 31 year end and each company issued bonds with a face value of $116,000 that pay interest annually on December 31. Able Limited sold its bonds at 100 and offered a coupon Interest rate of 6%, while Beta Corp. sold its bonds at 94 and offered a coupon Interest rate of 4%, and Charles Inc. sold its bonds at 105 and offered a 7 coupon interest rate (a) would record for the payment of interest on December 31, 2016. (Round answers to decimal places, -9.5,275. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Able Limited Dec. 31 Beta Corp Dec. 31 Charles Inc. Dec. 31