Hardy Corporation had the following bond issue:

Date of issue/sale:	May 1, 20-A
Principal:	$500,000
Sale price of bonds:	100
Life of bonds:	10 years
Stated rate:	6% a year payable semiannually on October 31 and April 30

Instructions: Prepare the following general journal entries.

1. The issuance of the bonds on May 1, 20-A.
2. The first interest payment for 20-A.
3. The adjusting entry for December 31, 20-A.
4. The reversing entry for January 1, 20-B.

If an amount box does not require an entry, leave it blank.