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The Pearl Company issued $340,000 of 11% bonds on January 1,2025. The bonds are due...

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Accounting

The Pearl Company issued $340,000 of 11% bonds on January 1,2025. The bonds are due January 1,2030, with interest payable each July 1 and January 1. The bonds are issued at face value.
Prepare Pearl's journal entries for (a) the January issuance, (b) the July 1 interest payment, and (c) the December 31 adjusting entry. (If no entry is required, select "No Entry". for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
No. Date , Account Titles and Explanation
(a)
(b)
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