On May 1, 2020, Metlock, ing issued $570,000,6%, 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 Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Denetindent Debit Credit Date Account Titles and Explanation May 1, 2020 Cash Bonds Payable e Textbook and Media List of Accounts Prepare the adjusting entry to record the accrual o interest on December 31, 2020. (Credit c rites tomatically indented when amount is entered Do not indent manually Debit Date Account Titles and Explanation Dec 31, 2020 Interest Expense Interest Payable Textbook and Media List of Accounts Show the balance sheet presentation on December 31, 2020. Enter account name only and Matlock, ine Balance Sheet List of Accounts Prepare the journal entry to record payment of interest on May 1 202 Ce ccount wamu De Det Dute Account Titles and Explanation May 1 2021 Show the balance sheet presentation on December 31, 2020. (Enter account name only and do not provide descriptive information) Metlock, Inc. Balance Sheet e Textbook and Media List of Accounts Prepare the journal entry to record payment of interest on May 1, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manual Debit Credit Date Account Titles and Explanation May 1, 2021 eTextbook and Media List of Accounts Prepare the adjusting entry to record the accrual of interest on December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent Credit Date Account Titles and Explanation Dec. 31, 2021 eTextbook and Media List of Accounts Assume that on January 1, 2022, Metlock pays the accrued bond interest and calls the bonds at 104. Record the payment of interest and redemption of the bonds. Credit Debit Credit Date Account Titles and Explanation Jan. 1.2022 (To record payment of interest) Jan 1.2022 (o recorded the