1. Roof Top Corporation had the following bond issue Principal: $400,000 Life of bonds: 10 years Date of issue/sale: May 1, 2017 Sale price of bonds: 104 Stated rate: 6% a year payable semiannually on October 31 and April 30 Required: Prepare the following general journal entries a. The issuance of the bonds on May 1, 2017. b. The first interest payment c. The adjusting entry on December 31 to record Interest Expense. GENERAL JOURNAL Page 1 Post Ref. Description Debit Credit Date