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teil vsem Announcements Exercise 15-3 (Part Level Submission) On January 1, 2017, Forrester Company issued $324,000, 10%, 5-year bonds at face value. Interest is payable

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teil vsem Announcements Exercise 15-3 (Part Level Submission) On January 1, 2017, Forrester Company issued $324,000, 10%, 5-year bonds at face value. Interest is payable annually on January 1 Prepare the journal entry to record the issuance of the bonds. (Credit accountries are automatically indented when amount is entered. Dan Date Account rules and Explanation Debit Credit Jan 1, 2017 Click if you would like to show Work for this question Open Show.Work LINK TO TEXT Prepare the journal entry to record the accrual of Interest on December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Date Account Titles and Explanation Credit Dec 31, 2017 Debit SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the journal entry to record the payment of Interest on January 1, 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1. 2018 SHOW LIST OF ACCOUNTS Question 1 Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Allowance for Doubtful Accounts Bad Debts Expense Bonds Payable Buildings Cash Cash Dividends Common Stock Cost of Goods Sold Depreciation Expense Discount on Bonds Payable Dividends Payable Equipment Gain on Bond Redemption Interest Expense Interest Payable Inventory Land Lease Liability Leased Asset-Building Leased Asset-Equipment Loss on Bond Redemption Mortgage Payable Notes Payable Other Operating Expenses Paid-in Capital in Excess of Par Common Stock Pald-in Capital in Excess of Par Preferred Stock Preferred Stock Premium on Bonds Payable Rent Expense Rent Revenue Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Sales Revenue Treasury Stock Unearned Rent Revenue

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