None The following section is taken from Tamarisk's balance sheet at December 31, 2021.Current liabilitiesInterest payable$46,000Long-term liabilitiesBonds payable (8%, due January 1, 2025)575,000Interest is payable annually on January 1. The bonds are callable on any annual interest date.(a)Journalize the payment of the bond interest on January 1, 2022.(b)Assume that on January 1, 2022, after paying interest, Tamarisk calls bonds having a face value of $170,000. The call priceis 106. Record the redemption of the bonds.(c)Prepare the adjusting entry on December 31, 2022, to accrue the interest on the remaining bonds.(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" forthe account titles and enter O for the amounts.)No.DateAccount Titles and Explanation(a) Jan. 1(b)Jan. 1(c)Dec. 31DebitCredit

Name: None The following section is taken from Tamarisk's balance sheet at D
Uploaded: 2024-03-04T10:43:15.000Z
Channel: Bartleby
Description: None The following section is taken from Tamarisk's balance sheet at December 31, 2021.Current liabilitiesInterest payable$46,000Long-term liabilitiesBonds payable (8%, due January 1, 2025)575,000Interest is payable annually on January 1. The bonds a