0.57/1 View Policies Show Attempt History Current Attempt In Progress Volta Desalination Ltd. needed to raise $161,000,000 of additional capital to finance the design, development, and construction of Its water desalination facility. Volta decided to issue bonds that pay interest of $2.415,000 on each of March 31 and September 30 and that will reach maturity on September 30, 2033. The bonds were issued at 94.4 on October 1, 2020, for $151.984,000, which represented a yield of 3.54% (b) Your answer is correct. Show the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Cash 151984000 Notes Payable 151984000 e Textbook and Media List of Accounts Attempts: unlimited apter 10 Assignment e5019 Question 14 of 15 > 0.57 / 1 TIE Show the journal entries to record the first two interest payments. Ignore year-end accruals of interest. (Round answers to the nearest whole dollar, eg. 5.275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit March 31 Thterest Expense Notes Payable Cash September 30 Interest Expense Notes Payable Cash e Textbook and Media List of Accounts Assistance Used Save for Late Lastava Iron aba Attempts: unlimited Submit Answer ter 10 Assignment Duestion 14 of 15