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On Ausunt 1.2025, Ayayal Corp. issued 5506.400 .7k, 10-ywar bonds at face value Interest is...

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Accounting

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On Ausunt 1.2025, Ayayal Corp. issued 5506.400 .7k, 10-ywar bonds at face value Interest is gayable annually on Augat 1. Aypyai's year-end is December 31 . Prepare the joumal entry to record the issuance of the bonds. Lht oll debt entries bedore cedt eitres Crecfit account boles are outomoticall indented when omount is entend. Do not indent manualhs If no oitry la mquird seied "No Entry" for the acount tales and enter 0 for the amounts) Prepare the journal entry to record the accrual of interest on December 31, 2025. Whit ol debit entrles belire antelt bitries Cretit occount tikes are automatioally indented when omouit is entered, Do not indent manuolly, If oo entry ls inguired select "Tio fintry" for the account tilies and enter 0 for the amounts. Prepare the journal entry to record the payment of interest on August 1,202d. (lhit al debit enties bofore credit antries Crodlt ocoount tites are outometicolly indented when amount is entered. Do not indent manalk. If ne entry is mquirnd, select "No Entry" for the account tiles and enter Ofor the amounts)

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