Question: View Policies Current Attempt in Progress On May 1, 2022, Ivanhoe Corp. issued $990,000, 9%, 5-year bonds at face value. The bonds were dated May


On May 1, 2022, Ivanhoe Corp. Issued $990,000,986,5-year bonds at face value. The bonds were dated May 1. 2022, and pay interest annually on May 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.) eTextbook and Media 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.) 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.) Show the balance whect preientation on December 31,2022. (Enter account name only and do not provide descriptive information. eTextbook and Media List of Accounts Prepare the journal entry to record payment of interest on May 1, 2023. (Credit account titles are m..t.matirallv indented when amount is entered. Do not indent manually.)
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