QUESTIONS Solderman Company issued $470.000,4%, 10-year bonds for $412,800 with a market rate of 6%. The effective interest method of amortiration is used and interest is paid annually. The Journal ontry on the first interest payment date would includes: credit to Cash of $24.768 credit to Cash of $18.800 credit to interest Expense of $24.768 credit to interest Expense of $18.800