On April 1, 2020, Larel Corporation issued $40,000, 9%, ten-year bonds payable at 108 that were dated April 1, 2020. Interest is payable each March 31 and September 30. Required: (a) Give the entry to record the issuance of the bonds on April 1, 2020. (b) Give the entry to record the first interest payment on September 30, 2020. Use straight-line amortization. (c) Give the adjusting entry required on December 31, 2020, the end of the annual accounting period. Use straight-line amortization.