Date of issue and sale: Principal amount: Sale price of bonds: Life of bonds: Stated rate: May 1, 20-A $400,000 96 10 years 6% a year payable semiannually on October 31 and April 30 Required: Prepare the following general journal entries. a. The issuance of the bonds on May 1, 20-A. b. The first interest payment for 20-A. c. The adjusting entry for December 31, 20-A. d. The reversing entry for January 1, 20-B. If an amount box does not require an entry, leave it blank. Page: 1 DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 a. May 1 1 2 2 3 3 4 4 5 b. Oct. 31 5 6 7 7 8 8 9 c. Dec. 31 9 10 10 11 11 Prepare the following general journal entries. a. The issuance of the bonds on May 1, 20-A. b. The first interest payment for 20-A. C. The adjusting entry for December 31, 20-A. d. The reversing entry for January 1, 20-B. If an amount box does not require an entry, leave it blank. Page: 1 DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 a. May 1 2 1 2 3 3 4 5 b. Oct. 31 5 6 dropdown E 59 6 7 7 8 8 9 c. Dec. 31 9 10 10 11 11 12 12 13 d. Jan. 1 13 14 14 15 15