Question: HET Problem 15 07A ad (Part Level Submission) The following is taken from the Carta Vista Company balance sheet Carla Vista Company Balance Sheet (partial)

HET Problem 15 07A ad (Part Level Submission) The following is taken from the Carta Vista Company balance sheet Carla Vista Company Balance Sheet (partial) December 31, 2020 Current Liabilities Interest payable for 12 months from January 1 to December 31) 1211,200 Long term Liabilities Bonds payable, 8% do January 1, 2028 $2.640,000 Aid Premium on bonds payable 192.000 2,037,000 intenst payable annually on January The band are allable on any de Carles elementih wybord Dec.2000, will be outstanding for an additional 10 years (120 months) (a) Journalin the payment of brand interest on January 1, 2021 (Credit account titles are automatically indented when it is entere. De not indent Date Account Tities and Explanation Drtait Credit Jan 1, 2021

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