On May 1, 2020, Herron Corp. issued CHF600,000, 9%, 5-year bonds at face value. The bonds were dated May 1, 2020, and pay interest annually on May 1. Financial statements are prepared annually on December 31.

Show the statement of financial position presentation on December 31, 2020. (Enter account name on eg. 5,675.) Herron Corp. Statement of Financial Position (Partial) December 31, 2020 Current Assets Interest Payable CHF 36000 Total Current Assets Bonds payable CHF C 6 00000