Mars Corporation issued $1,950,000, 11%, 5-year bonds on April 1, 2017. Bond interest payment dates are April 1 and October 1. On the issue date the market rate was 10%. Assume Mars Corporation uses the effective interest method of amortization of bond premium or discount. Assume that amortization is recorded on each semiannual interest payment. Use The Present Value tables provided to compute the issue price of the Bonds. a. Prepare the required journal entries on April 1, 2017; October 1, 2017, and December 31, 2017 and April 1, 2018. Do not prepare any reversing entries. + Date Account Debit Credit Interest Payment Interest Paid Interest Expense Amortization Premium / Discount Balance Carrying Amount || 7 o loo 10