Computing Bond Issue Price-Sold Between Interest Payment Dates Rowe Corporation authorized $600,000 of 8% (cash interest payable semiannually) 10-year bonds. The bonds were dated January 1, 2020. Interest dates are June 30 and December 31. Assuming that the bonds were sold on March 1, 2020, at face value, record the following journal entries. a. March 1, 2020: Issuance of bonds. b. June 30, 2020: Interest payment. Note: List multiple debits or credits (when applicable) in alphabetical order. Account Name Dr. Cr. 608,000 0 Date a. Mar. 1, 2020 Cash Bonds Payable Interest Payable b. June 30, 2020 Interest Payable Interest Expense Cash 600,000 8,000 0 8,000 X 0 16,000 x 0 0 24,000