On april 30, 2020 a company issued $630,000 worth of 3% bonds at par. the term of the bonds is 8 years, with interest payable semi-annually on October 31 and April 30. the year-end of the company is November 30. Record the journal entries related to interest for 2020 and 2021.

Note the interest must be accrued at the did if each year.

Round answer to the nearest whole dollar.

I need step by step explanation and answer thanks.

On April 30, 2020, a company issued $580,000 worth of 4% bonds at par. The term of the bonds is 7 years, with interest payable semi-annually on October 31 and April 30. The year- end of the company is November 30. Record the journal entries related to interest for 2020 and 2021. Note that interest must be accrued at the end of each year