On April 1, Avalon Inc. issued 20-year, 8 percent bonds with a maturity value of $5,250,000. The bonds sell at 98.50 and pay interest on September 30 and March 31. Avalon Inc. amortizes bond discounts by the straight-line method. Required a. Record the issuance of the bonds on April 1. (Record debits first, then credits. Exclude explanations from the journal entry.) Date Apr. 1 Journal Entry Accounts Debit Credit Required {" b. Record the payment of semi-annual interest on September 30. (Round your answers to the nearest whole dollar.) Record (a) the issuance of the bonds on April 1, (b) the semi-annual interest payment on September 30, and (c) the interest accrual on December 31. Date Sep. 30 Journal Entry Accounts Debit Credit c. Record the interest accrual on December 31. (Hold all decimals in interim calculations. Round your final answers to the nearest whole dollar.) Date Dec. 31 Journal Entry Accounts Debit Credit Print Done