Lindy Company's auditor discovered several errors. No errors were corrected during 2020. The errors are described as follows:

A 10-year bonds were issued on July 1, 2020. The face value of the bonds totaled $100,000.00 with a stated rate of 8%. The market rate was 5% when the bonds were issued. The following journal entry was recorded when the bonds were issued and the annual interest paid:

7/1/2020	Bond Issuance
DR	Cash	$123,165.20
CR	Gain on Bonds Payable	$23,165.20
CR	Bonds Payable	$100,000.00
6/30/2021	Interest Payment
DR	Interest Expense	$ 8,000.00
CR	Cash	$ 8,000.00

Prepare appropriate journal entries to correct the error, and any adjusting entries required (assume the 2021 books have not been closed). Ignore income taxes. (If no entry is required for a transaction/event, select "No journal entry required.")

)identify the J/E made error

b) Identify the J/E that should have been made

c) Provide the correcting J/E to fix the error

d)year end adjusting entry