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Date Cheyenne Corp. issued 1,400 9%, 5-year, $1,000 bonds dated January 1, 2025, at face value. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Jan. 1, 2025 Date

Cheyenne Corpi issued 1,4009%,5-year, $1,000 bonds chated January 1,2025 , at face valie. Interest is paid each January 1. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2025. (thit oll debit entries before credit entries Credit occount tities ore cutomatically indented when amount bs entered. Do not indent manushly. If no entry is requirmd, select "No Entry" for the occount titles ard enter 0 for the dmounts) (b) Prepare the a0justing ioumal entyy on December 31,2025, to record interest expense. (Liut ail debit entries before credit enitries. Credit account bities ofe dutomaticely indented when amount is enterdi Do nat indent manialiy tr no eriry irrequared, select "No Fintry" for the acrount titiei and enter 0 for the mounty eviter of for the amounts)

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