Exercise 9.70 (A Interest Payments and Interest Expense for Bonds (Straight line) What Manufacturing sold 20 year bonds with a totalice amount of $399,000 and a state of 7.56. The bonds sold for $425,000 on January 1, 2020, and pay interest Semantally on one 10 and December 31 Required: 423 1. Prepare the entry to recognize the sale of the bonds 2020 LC and will Ponds Payable 0 2. but the amount of the cast are you in your other word QUE Al ons ON 2. Determine the amount of the seanual casetest payment required by the UN 3. Prepare the journal entry made by Kath June 30, 2020, to recognize the interest Expense and an interest payment Round your home to the rest wole dollar 2020 e 30 Interest Expense Peon Bonds Payable 4. Dette mit of expense 2070 5. Concorde ha variable we would you expect that resto de este