Current Attemptin Progress On August 1, 2022. Pina Colada Corp. issued $493,200,6%, 10-year bonds at face value. Interest is payable annually on August 1. Pina Colada's year-end is December 31. Your answer is partially correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered, Do not indent manually) Date Account Titles and Explanation Debit Credit Aug. 1 Cash 493,000 Bonds Payable 493,000 eTextbook and Media 1 Your answer is partially correct Prepare the journal entry to record the accrual of interest on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec 31 Interest Expense 12,325 Interest Payable 12325 e Textbook and Media List of Accounts Your answer is partially correct Prepare the journal entry to record the payment of interest on August 1, 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Aug 1 Interest Expense 17.255 Interest Payable 12,325 Cash 29.580 e Textbook and Media