Exercise 16-2 e Inc. issued,700,000 of 11%, 10-year convertible bonds on June 1 2017, at 99 plus accrued interest. The bonds ere dated April 1 2017, it interest payable April 1 and October 1 d discount is amortized semiannually on a straight line b On April 1, 2018, $1,417,500 of these bonds were converted into 33,0OD shares of $22 par value common stock. Accrued interest was paid in cash at the time of conversion. (a) Prepare the entry to record the interest expense at October 1, 2017. Assume that accrued interest payable was credited when the bonds were issued. (h) Prepare the entry to racard the conversion on April 1, 2D18. (Boak vallue methad is used.) Assume that the entry to racord amortization of the bond discount and interest payment has heen made edit account titles are dutoriducd1 y inderted when amount is entered. Do rot indent manually f no en ry is required select 'No Entry for th account ti les alld enter 0 for the amounts. Round dfswers to 0 decunal 1dces e.g. 5 125 No. Account Titles and Explanation Debrt Credit Click if you would like to Show Work for this question: gen Show Work Question Attempts: 0 of 3 used SAVE FOR LATER