On April 1, 2019, Ayayal issued $2,600,000, 9% bonds for $2,796,903 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2029. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation April 1 Cash (b) Bonds Payable Interest Expense Premium on Bonds Payable. Debit 2796903 Credit 2600000 58500 138403 Attempts: 1 of 1 used On July 1, 2021 Ayayai retired $780,000 of the bonds at 102 plus accrued interest. Ayayal uses straight-line amortization. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 5,275.) Account Titles and Explanation (To record interest and premium on bonds) Debit Credit