Question: please answer all boxes! quick service would be apreciated! On October 1, 2021, Flint Corp. issued $948,000, 5%, 10-year bonds at face value. The bonds

please answer all boxes! quick service would be apreciated!

1, 2021, Flint Corp. issued $948,000, 5%, 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. 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

On October 1, 2021, Flint Corp. issued $948,000, 5%, 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. 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 Oct. 1,2021 Prepare the adjusting entry to record the accrual of interest on December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec 31, 2021 Show the balance sheet presentation of bonds payable and bond interest payable on December 31, 2021. FLINT CORP. Balance Sheet (Partial) Prepare the journal entry to record the payment of interest on October 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Oct. 1.2022 Prepare the adjusting 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. 31.2022 Assume that on January 1, 2023, Flint pays the accrued bond interest and calls the bonds. The call price is 104. Record the payment of interest and redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1.2023 (To record payment of interest) Jan. 1. 2023 (To record the redemption of the bonds)

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