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  3. on august 1, 2022, blue spruce corp. issued $481,2

On August 1, 2022, Blue Spruce Corp. issued $481,200,7%,10-year bonds at face value. Interest is...

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Accounting

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On August 1, 2022, Blue Spruce Corp. issued $481,200,7%,10-year bonds at face value. Interest is payable annually on August 1. Blue Spruce's year-end is December 31 . (a) Your answer is correct Prepare the journal entry to record the issuance of the bonds. (Credit account titles are outomatically indented when amount is entered. Do not indent manually.) Prepare the journal entry to record the accrual of interest on December 31, 2022. (Credit occount fities are automatically indented when amount is entered. Do not indent manually) Prepare the journal entry to record the payment of interest on August 1, 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manuolly

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