o Suppose National Bank issued a five-year $17.000 bond with a stated interest rate of 7.75% when the market interest rate was 7%. Assume that the accounting year of National Bank ends on July 31. Journalize the following transactions, including an explanation for each entry a, Issuance of the bond payable on February 1, 2020 b. Accrual of interest expense on July 31, 2020 (rounded to the nearest dollar) c. Payment of cash interest on August 1, 2020 d. Payment of the bonds at maturity (give the date) a. Joumalize the issuance of the bond payable on February 1, 2020. (Record debits first, then credits. Enter explanations on the last line.) Journal Entry 2020 Accounts and Explanations Debit Credit Feb 1 b. Journalize the actual of interest expense on July 31, 2020 (rounded to the nearest dolar) Journal Entry 2020 Accounts and Explanations Debit Credit July 31 C. Joumalize the payment of cash interest on August 1, 2020 Journal Entry 2020 Accounts and Explanations Aug 1 Debit Credit d. Journalize the payment of the bonds at maturity (give the date) Journal Entry Accounts and Explanations Feb Debit Credit