Question: On October 1 , 2 0 2 1 . Bramble Corp issued $ 7 5 6 , 0 0 0 , 7 % , 1

On October 1,2021. Bramble Corp issued $756,000,7%,10-year bonds at face value. The bonds were dated October 1,2021 and pay interest annually on October 1. Financial statements are prepared annually on December 31.(f) Assume that on January 1,2023, Bramble pays the accrued interest bond interest and calls the bonds. The call price is 105. Record the payment of interest and redemption of the bonds.

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