Issignment $-$ Chapters $12$ &

Question $4,$ EF$12-27($similar to$)$

HW Score: $81\mathrm{.}84\%,8\mathrm{.}18$ of $10$ points

Part $2$ of $3$

Points: $0\mathrm{.}33$ of $1$

Pharmaceutical Dispensary borrowed $$690,000$ on January $2,2024,$ by issuing a $15\%$ serial bond payable that must be paid in three equal annual installments plus interest for the year. The first payment of principal and interest comes due January $2,2025.$ Complete the missing information. Assume bonds are issued at face value. $($For accounts with a $$0$ balance, make sure to enter $"0"$ in the appropriate cell.$)$

$\backslash$table$[[,$December $31],[,2024,2025,2026,]]$

Current Liabilities:

Bonds Payable

$$230,000$

Interest Payable

$103,500$

Long$-$Term Liabilities:

Bonds Payable

$460,000$