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The City of Oriole issued 3 0 0 bonds at their face value of $ 2 , 0 0 0 each plus accrued interest on

The City of Oriole issued 300 bonds at their face value of $2,000 each plus accrued interest on June 1,2023. The term of the bonds was January 1,2023, to January 1,2029, with interest payable semi-annually each January 1 and July 1 at 6%. Oriole uses the effective interest method.Prepare journal entry for December 31 adjusting entry. (Credit account titles are automatically indented when the amount is entered.
Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before
credit entry.)
Account Titles and Explanation
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