Kale Company issued $350,000 of 8%, 20-year bonds on January 1, 2022, at face value....

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Accounting

Kale Company issued $350,000 of 8%, 20-year bonds on January 1, 2022, at face value. Interest is payable annually on January 1. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 1, 2022 eTextbook and Media List of Accounts Date Account Titles and Explanation Debit Prepare the journal entry to record the accrual of interest on December 31, 2022 (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Dec. 31. 2022 Credit Debit Credit
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Cale Compary issued $350,000 of 8%,20-year bonds on January 1,2022 ; at face volue Interest is payable annually on January 1. Prepare the joumal entry to record the issuance of the bonds (Credit account vities are dutornuticaly indented when amount is entered Do notindent manually. whendmourt is entered bo not inderit manvalix? Prepare the journal entry to record the payment of interest on January 1,2023 . (Cradit account viles are automsticaliy indentred when amount is entered Donot indent manually eTextbook and Media List of Accounts Prepare the journal antry to record the redemption of the bonds at maturibx assumingintereit for the last intereit period has beenpald and recorded. (Eredit occount tiber are dutomotically indented when whount is en tered Donot isfent manuaie)

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