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REQUIRED: (a) Journalize the payment of the bond interest on January 1, 2021. (b) Assume that on January 1, 2021, after paying interest, Greene calls

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REQUIRED: (a) Journalize the payment of the bond interest on January 1, 2021. (b) Assume that on January 1, 2021, after paying interest, Greene calls bonds having a face value of $600,000. The call price is 105. Record the redemption of the bonds. (c) Prepare the entry to record the payment of interest on July 1, 2021, assuming no previous accrual of interest on the remaining bonds

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