View Policies Current Attempt in Progress Flounder Corporation sold $2,350,000, 7 % , 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. Flounder Corporation uses the straight-line method to amortize bond premiumor discount Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 104. (Credit account titles are automatically indented when omount is entered. Do not indent manually.) Credit Debit Account Titles and Explanation Date Jan 1 Dec. 31 eTextbook and Media List of Accounts Prepare journal entries to record the Issuance of the bonds andbond interest expense for 2022, assuming that the bonds sold at 98.(Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Date Jan. 1 Dec. 31 eTextbook and Media Uist of Accounts (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 104 selling price. FLOUNDER CORPORATION Balance Sheet (Partial) $ (2) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 98 selling price. FLOUNDER CORPORATION Balance Sheet (Partial)