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Question 3 View Policies Current Attempt in Progress Whispering Winds Corp, issued 2.600 5%, 8 year. $1,000 bonds dated January 1, 2022, at face value.

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Question 3 View Policies Current Attempt in Progress Whispering Winds Corp, issued 2.600 5%, 8 year. $1,000 bonds dated January 1, 2022, at face value. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent ma Date Account Titles and Explanation Debit Credit Jan. 1.2022 (6) Prepare the adjusting journal entry on December 31, manually) (Credit account titles are automatically indented when amount is entered. Do not inde Date Account Titles and Explanation Credit Dec 31, 2022 (c) Prepare the journal entry on January 1, 2023, to cord interest paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1.2023

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