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4. The Howling Moon issued $2,500,000 of five-year, 10% bonds at par value on January 1, 20Y5. Interest is payable semiannually, on June 30 and

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4. The Howling Moon issued $2,500,000 of five-year, 10% bonds at par value on January 1, 20Y5. Interest is payable semiannually, on June 30 and December 31. Prepare the journal entries related to the following: a. Issuance of the bonds b. Interest expense on June 30, 20Y5 c. Retirement of the bonds

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