Question 16 (8 points) ACME Inc. issued $500,000 of 6%, 10-year bonds at par value on October 1, 2021 that pay interest each October 1. The company's year-end is April 30. Required: (round all answers to the nearest whole dollar) Prepare the journal entries that ACME Inc. would make to record: 1. The issuance of the bond. (1 mark) 2. The year-end adjusting entry. (3 marks) 3. The first interest payment. (4 marks) Paragraph V B I UAE E GENERAL JOURNAL DATE ACCOUNT TITLES AQ EU + v DEBIT CREDIT