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17 (16 points) Saved On May 1, 2022, Green Corporation issued $1,000,000 of 9% bonds, dated January 1, 2022 for $910,000 plus accrued interest. The

17 (16 points) Saved On May 1, 2022, Green Corporation issued $1,000,000 of 9% bonds, dated January 1, 2022 for $910,000 plus accrued interest. The market rate of interest was 10%. The bonds pay interest semiannually on June 30 and December 31. Green's fiscal year ends on December 31 each year. Required: 1. Prepare the journal entry for the issuance of the bonds on May 1, 2022. 2. Prepare the journal entry for the first interest payment on June 30, 2022

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