Tyring to journal interest paid on bonds issued. I think I debit the bond interest paid, but then do I credit cash? For example, on 12/31, I have debit of Bond Interest Expense and a credit of Bond Interest Payable. If the interest is paid on 1/1, how do I journal the entry? I am thinking a Bond Interest Payable debit and then a Cash credit for an equal amount? Or should it be the original amount of the bonds + the amount of interest paid?

The journal entry is:
Debit Interest Payable for the amount
Credit Cash for the amount paid

Debit interest payable
Credit interest expense

Since it is not paid yet
And

Dr interest expense
Cr bank

After its paid

I think