Question 8 On May 1, 2017, Teal Industries AG issued CHF191,250, 12%, 5-year bonds at face value. The bonds were dated May 1, 2017, and pay interest annually on May 1. Financial statements are prepared annually on December 31. (f) Assume that on January 1, 2019, Teal pays the accrued bond interest and calls the bonds at 101. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to o decimal places, e.g. 125.) Date Account Titles and Explanation Debit Credit Jan. 1, 2019 Interest Payable 15300 Cash 15300 Jan. 1, 2019 Bonds Payable 191,250 Loss on Bond Redemption Cash By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 used