Prepare the the adjusting entry to record the accrual of interest on December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers
to 0 decimal places, e.g. 5,675.)
Date
Account Titles and Explanation
Dec. 31, 2021
SHOW LIST OF ACCOUNTS
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Deblt
Credit
Assume that on January 1, 2022, Sandhill pays the accrual bond interest and calls the bonds. The call price is 102. Record the payment of interest and redemption of the bonds. (Credit account titles are
automatically indented when amount is entered. Do not indent manually. Round answers to O decimal places, e.g. 5,675.)
Date
Account Titles and Explanation
Jan. 1, 2022
(To record payment of interest)
Jan. 1, 2022
(To record redemption of the bonds)
Debit
Credit