Question $1$ of $28$

$\frac{-}{68\mathrm{.}4}$

Assume that on July $1,2027,$ Waterway Co$.$ redeems half of the bonds at a cost of $$1,146,600$ plus accrued interest. Prepare the journal entry to record this redemption. $($Round present value factor to $5$ decimal places, es$.1\mathrm{.}24356$ and final answers to $0$ decimal places, es$.38,548.$ 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. List all debit entries before credit entries$)$

Date Account Titles and Explanation Credit

$\backslash$table$[[$July $1,],[2027]]$

$($Torecord interest$)$

July $1.$

$2027$