ratio of waffantg Reporting Financial Statement Effects of Bond IPllIsa Lundholm, Inc., which reports financial statements each December 31. is $500,000 of 9%, 15-year bonds dated May 1, 2015, with interest payments o April 30. Assume the bonds are issued at par on May 1, 2015. a. Prepare journal entries to record the bond issuance, payment of the first authorized to issue October 31 and E9-44. interest, and retirement of $300,000 of the bonds at 101 on November 1,20inulperio Post the journal entries from part a to their respective T-accounts. b. c. Record each nancial statement effects template. of the transactions from part a in the fi ffects of Bond Transactions