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Riverbed Corporation sold $2,750,000,8%,...

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Accounting

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Riverbed Corporation sold $2,750,000,8%, 5-year bonds on January 1, 2022. The bonds were dated January 1, 2022, and pay interest on January 1. Riverbed Corporation uses the straight-line method to amortize bond premium or discount Prepare all the necessary journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 102. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Dec. 31 Prepare journal entries to record the issuance of the bonds and bond interest expense for 2022, assuming that the bonds sold at 98. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan, 1 Dec. 31 (1) Show the balance sheet presentation for the bond issue at December 31, 2022, using the 102 selling price. RIVERBED CORPORATION Balance Sheet (Partial) + (2) Show the balance sheet presentation for the bond issue at December 31, 2022 using the 98 selling price. RIVERBED CORPORATION Balance Sheet (Partial) : +

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