Accounting for bonds question: () treat "A" and "B" independently, and () be careful with your dotes. for this question: (0) on January 1, 2019, ABC Company issued 500 bonds, each with a face value of $1,000, at a price of 98. The bands have a contract rate of 5.0%, and interest is paid semiannually. The maturity date of the bonds is December 31, 2028 Prepare the journal entry to record the issuance of all 500 bonds la lournal description is NOT needed). Date Account Description Debit Credit On January 1, 2019, XYZ Company issued 100 bonds, each with a face value of $1,000, at a price of 100. The bonds have a contract rate of 8.0%, and interest is paid semiannually. The term of the bonds is 5 years (December 31, 2023 maturity date). a. Prepare the journal entry to record the issuance of all 100 bonds (a journal description is NOT needed). Date Account Description Debit Credit b. Prepare the journal entry to record the first interest payment (a journal description is NOT needed). Date Account Description Debit Credit C. Prepare the journal entry to record the payment of principal on the maturity date. Debit Account Description Date Credit