Basting Corp. issued at par 6 percent, five-year bonds payable with a maturity value of $10,000 on May 1, 2018. Assume the fiscal year ends December 31. Journalize the following transactions and include an explanation for each entry. Round calculations to the nearest dollar. Issuance of the bonds payable on May 1, 2018 Payment of the first semiannual interest amount on November 1, 2018 Accrual of Interest expense on December 31, 2018 b c. a. Journalize the issuance of the bonds payable on May 1, 2018. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Journal Entry Accounts and Explanations Date Debit Credit May 1 b. Journalize the payment of the first semiannual interest amount on November 1, 2018, Journal Entry Accounts and Explanations Date Debit Credit Nov 1 C. Journalize the accrual of interest expense on December 31, 2018. (Do not round intermediary calculations. Only round your final answer to the nearest whole dollar.) Journal Entry Date Accounts and Explanations Debit Credit Dec 31 Choose from any list or enter any number in the input fields and then continue to the next