P15-2B The board of directors of Tucker Communications authorizes the issue of $3 million of 9%, 20-year bonds payable. The semiannual interest dates are March 31 and September 30. The bonds are issued on April 30, 20X4, at par. Required 1. Journalize the following transactions:

a. Issuance of the bonds on April 30, 20X4.

b. Payment of interest on Sept. 30, 20X4.

c. Accrual of interest on December 31, 20X4.

d. Payment of interest on March 31, 20X5. 2. Check your recorded interest expense for 20X4, using as a model the supplement to the summary problem on pages 587-588. 3. Report interest payable and bonds payable as they would appear on the Tucker balance sheet at December 31, 20X4.