182 Homework 15-3 183 Treat issued $700,000 of 10 year, 7.5% bonds payable at par on May 1, 2023. 184 The bonds pay interest each April 30 and October 31 and the company ends it's 185 accounting year on December 31. 186 a. Treat's bonds were issued at: 187 b. When Treat issued its bonds, the market rate of interest was: 188 c. Journalize the entries for: 189 Issuance of the bonds on May 1, 2023 DR CR 190 191 5/1/23 192 193 Payment of interest on October 31, 2023: 194 10/31/23 195 196 197 Accrual of interest at the end of the year: 198 12/31/23 199 200 201 Payment of interest on April 30, 2024: 202 4/30/24 203 204 205