Date of issue and sale: Principal amount: Sale price of bonds: Denomination of bonds: Life of bonds: Stated rate: Prepare journal entries for: a. Issuance of the bonds. April 1, 20-1 $500,000 100 $1,000 10 years 8%, payable semiannually on September 30 and March 31 b. Interest payment on the bonds on September 30. c. Year-end adjustment on the bonds. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 20-1 Cash 500,000 1 Apr. 1 2 Bonds Payable 500,000 2 3 3 4 Sept. 30 Bond Interest Expense