Entries for issuing bonds

Thomson Co$.$ produces and distributes semiconductors for use by computer manufacturers. Thomson issued $$720,000$ of $25-$year, $11\%$ bonds

on May $1$ of the current year at face value, with interest payable on May $1$ and November $1.$ The fiscal year of the company is the calendar

year.

May $1.$ Issued the bonds for cash at their face amount.

November $1.$ Paid the interest on the bonds.

December $31.$ Recorded accrued interest for $2$ months.

Journalize the entries to record the above selected transactions for the current year. If an amount box does not require an entry, leave it blank.

May $1$