The December $31,2025,$ balance sheet of Kingtird Corp is as follows.

Ster calatle comentle bonds pavalle heriunnal interest

dabes April $30$ and October $31$:comertille into $6$ hhares of $$25$

par value common stock per $$1\mathrm{.}000$ of bond princlpak maturity dute Aori$30\mathrm{.}2031)$

$5367,000$

Divcount on bonds payable

$12544$ $$354456$

On March $5\mathrm{.}2006.$ Kinghind Corp called all of the bends as of Aprill $30$ for the principal plus interest through April $30.$ By April$39.$ all bondholden had eaerclised their converion to common stack as of the interest popment dbte. Consepuently. on Agril $30,$ Kingbird Corp poid the jemianval interest and issued ghares of common stock far the bonds. The divcount is amortimed on a wraiehe$-$liue baik. Kingbind uses the book value nethod.

Prepare the tetries to recond the interest eperse and ooeverion on April $30,2606.$ Revering entries were made on lanuary $1\mathrm{.}2026.($Hist all debit entries before credit entries. Credit account citles ave eatomatically indented mhen amosnt is entered. Do set indent manaally. If ne entry is required, select $"$Ne Entry" fer bhe account tifies and enter $0$ for the amounte.$)$

Account Tities and Explanation

Debit

Credit

Inberest $[$eperse $$

$$

Dexpuest on Donch Finitle $$

$$

$$

$$

$$

$($To record intereit expense$)$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$[$To mecord the converion$]$The December $31,2025,$ balance sheet of Kingtird Corp is as follows.

Ster calatle comentle bonds pavalle heriunnal interest

dabes April $30$ and October $31$:comertille into $6$ hhares of $$25$

par value common stock per $$1\mathrm{.}000$ of bond princlpak maturity dute Aori$30\mathrm{.}2031)$

$5367,000$

Divcount on bonds payable

$12544$ $$354456$

On March $5\mathrm{.}2006.$ Kinghind Corp called all of the bends as of Aprill $30$ for the principal plus interest through April $30.$ By April$39.$ all bondholden had eaerclised their converion to common stack as of the interest popment dbte. Consepuently. on Agril $30,$ Kingbird Corp poid the jemianval interest and issued ghares of common stock far the bonds. The divcount is amortimed on a wraiehe$-$liue baik. Kingbind uses the book value nethod.

Prepare the tetries to recond the interest eperse and ooeverion on April $30,2606.$ Revering entries were made on lanuary $1\mathrm{.}2026.($Hist all debit entries before credit entries. Credit account citles ave eatomatically indented mhen amosnt is entered. Do set indent manaally. If ne entry is required, select $"$Ne Entry" fer bhe account tifies and enter $0$ for the amounte.$)$

Account Tities and Explanation

Debit

Credit

Inberest $[$eperse $$

$$

Dexpuest on Donch Finitle $$

$$

$$

$$

$$

$($To record intereit expense$)$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$[$To mecord the converion$]$