134. (3, 04) Dunn Co. issued $30,000,000 of 20-year , 8% bonds on May 1 of the current year, with interest payable on May 1 and November 1. The fiscal year o company is the calendar year. Journalize the entries to recora the following selected transactions for the current year May 1 Issued the bonds for cash at their face amount. Nov. 1 Paid the interest on the bonds. Dec. 31 Recorded accrued interest for two months. 0,000, 000x % 135. (3,04) On the first day of the current fiscal year, $2,500,000 of 10-year, 118 bonds, with interest payable semiannualiy, were sold for $2,400,000. Present entries to record the following transactions for the current fiscal year: (a) Issuance of the bonds (b) First semiannual interest payment. (c) Amortization of bond discount for year, using the straight-line method of amortization. ral year, $2,000,000 of 10-year, nt fisca d for $2,100,000