Question 7 of 12 View Policies Current Attempt in Progress Grouper Corporation issued $610,000 of 9% bonds on November 1, 2020, for $651,453. The bonds were dated November 1, 2020, and mature in 10 years, with interest payable each May 1 and November 1. Grouper uses the effective-interest method with an effective rate of 8% Prepare Grouper's December 31, 2020. adjusting entry. (Round intermediate calculations to 5 decimal places, es 1.25 124 and final answers to decimal places, 338,548. If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Savetor Later Attempts: unlimited Subenit