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Entries for issuing bonds Thomson Co, produces and distributes semiconductors for use by computer manufacturers. Thomson issued $360,000 of 10 year, 9% bondi on May

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Entries for issuing bonds Thomson Co, produces and distributes semiconductors for use by computer manufacturers. Thomson issued $360,000 of 10 year, 9% bondi on May 1 of the current year at tace valut, with interest payable on May 1 and November 1. The local year of the company is the calendar year May 1 Issued the bands for that 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, Date Account Debit Credit May 1 II III IHI ID Dec 31

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