Prepare the journal entry to record the accrual of interest and the amortization of the...

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Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2024, (List all debit entries before credit entries. Credit account titles are automatically indented when the 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. Round answers to 0 decimal places, eg. 5,276 .) Prepare the journal entry to record the accrual of interest and the amortization of the discount on December 31, 2025. (List all debit entries before credit entries, Credit account titles are automatically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Round answers to 0 decimal places, eg. 5.276 .) On January 1, 2024, Splish Brothers Corporation issued $1,980,000 face value, 4%,10-year bonds at $1,827,110. This price resulted in aneffective-interest rate of 5% on the bonds. Splish Brothers uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1 . Prepare the journal entry to record the issuance of the bonds on January 1.2024. (List debit entry before credit entry Credit account titles are outomatically indented when the 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. Round answers to 0 decimal places, es 5,276 ) Prepare the journal entry to record the payment of interest on January 1.2025, QList debit entry before credit entry. Credit account titles are dutomatically indented when the amount is entered. Do not indent manually if no entry is required, select "No Entry" for the occount tities and enter O for the amounts. Round answers to 0 decimal ploces, eg. 5,276) Question Part Score Prepare the journal entry torecord the accrual of interiest and the amortization of the discount on December 31.2025 . (List all debit entries before credit entries, Credit account titles are automotically indented when the 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. Round answers to 0 decimal places, es 5,276

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