View Policies Show Attempt History Current Attemptin Progress $$ Your answer is partially correct. Presented below are two independent situations. $1.$ On January $1,2025,$ Ayayai Company issued $$192,000$ of $7\%,10-$year bonds at par. Interest is payable quarterly on April $1,$ July $1,$ October $1,$ and January $1.2.$ On June $1,2025,$ Pina Company issued $$144,000$ of $10\%,10-$year bonds dated January $1$ at par plus accrued interest. Interest is payable semiannually on July $1$ and January $1.$ For each of these two independent situations, prepare journal entries to record the following. $($If no entry isrequired, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$ a$.$ The issuance of the bonds. b$.$ The payment of interest on July $1.$ c$.$ The accrual of interest on December $31.$ Date Account Titles and Explanation Debit Credit $1.$ Ayayai Company: Cash Bonds Payable Interest Expense Cash Interest Expense Interest Payable $1920001920033603363360336$ CHAPTER $13$ HW Question $4$ of $520\mathrm{.}31/252.$ Pina Company: Cash Bonds Payable Interest Payable Interest Expense Cash Interest Expense Interest Payable eTextbook and Media List of Accounts Assistance Used Last saved $43$ minutes ago. Saved work will be auto$-$submitted on the due date. Auto$-$submission can take up to $10$ minutes. Save for Later Attempts: $1$ of $3$ used Submit Answer $1500001440060012007207200720$ CHAPTER $13$ HW Question $4$ of $520\mathrm{.}31/25$