Ottawa Company sells $100,700 of 13% 22-year bonds for 89 on April 1, 2020 The market rate of interest on that day is 13% Interest is paid each at Docember 31, 2020 (Record debits first, then credits. Explanations are not required. Hold all decimals for interim calculations. Round your final answers to the ne Journal Entry 2020 Accounts Debit Credit Dec 31 1 3-% Interest is paid each year on April 1. Ottawa Company uses the straight-line amortization method. Write the adjusting entry required 2 your final answers to the nearest whole dollar.)